Last year Jack Company had a net income of $270,000, income tax expense of $50,000, and interest expense of $20,000. The company's times interest earned was closest to: 17.00 10.00 13.50 14.50

Last year Jack Company had a net income of $270,000, income tax expense of $50,000, and interest expense of $20,000. The company's times interest earned was closest to:

	17.00
	10.00
	13.50
	14.50

Answer
17.00