13. In a recent year Ayayai Corp. had net income of $140000, interest


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13. In a recent year Ayayai Corp. had net income of $140000, interest expense of $27500, and income tax expense of $37500. What was Ayayai Corp.’s times interest earned (rounded) for the year? a) 6.45 b) 7.45 c) 5.09 d) 6.09

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13. In a recent year Ayayai Corp. had net income of $140000, interest
expense of $27500, and income tax expense of $37500. What was Ayayai Corp.’s times interest earned (rounded) for the year?


a) 6.45

b) 7.45

c) 5.09

d) 6.09

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