The Freire Corp. has sales of $1,000, operating expenses of $840, interest expense of $20, and tax expense of $40. Its net income was $100. The interest coverage ratio equals
A) 5
B) 6
C) 7
D) 8

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The Answer of The Freire Corp. has sales of $1,000, operating expenses of $840, interest expense of $20, and tax expense of $40. Its net income was $100. The interest coverage ratio equals
A) 5
B) 6
C) 7
D) 8