Orono Corp.'s sales last year were $435,000,its operating costs were $362,500,and its interest charges were $12,500.What was the firm's times-interest-earned (TIE) ratio?
A)4.97
B)5.23
C)5.51
D)5.80

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The Answer of Orono Corp.'s sales last year were $435,000,its operating costs were $362,500,and its interest charges were $12,500.What was the firm's times-interest-earned (TIE) ratio?
A)4.97
B)5.23
C)5.51
D)5.80