In 2012,P Co Reported Profit of $1,933 Million,interest Expense of $395

Multiple Choice

In 2012,P Co reported profit of $1,933 million,interest expense of $395 million and income taxes of $270 million.In 2011,they reported profit of $2,142 million,interest expense of $478 million and income taxes of $818 million.Calculate the times interest earned ratio for 2012 and 2011,respectively.

A) 5.05 and 4.48 times
B) 6.58 and 7.19 times
C) 5.73 and 6.19 times
D) 6.05 and 5.48 times