A firm has net income before interest and taxes of $193,000 and interest expense of $28,100. a. What is the times-interest-earned ratio? Note: Round your answer to 2 decimal places. Times-interest eaerned _______ times
b. If the firm's lease payments are $48,500, what is the fixed charge coverage? Note: Round your answer to 2 decimal places.
Fixed charge coverage ________ times