Selected Financial Data for Company B Is Provided Below: What

question 134

Multiple Choice

Selected financial data for Company B is provided below: What is the times interest earned ratio for Company B?
$$\begin{array} { | l | r | } \hline \text { ( in milions) } & \text { Compamy B } \\\hline \text { Sales } & \$ 47,220 \\\hline \text { Interest expense } & 287 \\\hline \text { Tax expense } & 1,042 \\\hline \text { Net income } & \$ 1,783 \\\hline\end{array}$$

• A)6.2 times.
• B)10.8 times.
• C)0.2 times.

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