What is the times interest earn

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Reference no: EM131319515

Given the following information about Weber's Online Grocery, what is the times interest earn (TIE)?

Total assets                                                               $63,540

total debt                                                                      30,694

Total Common equity

     Common stock                                                          4,001

    Retainined earnings                                                 28,845

Total liabilities and equity                                             63,540

Operating profits/Net Income                                         4,827

Interest expense                                                               568

A. 0.12X

B. 6.8X

C. 8.5X

D. 0.14X

Reference no: EM131319515

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