The Fangled Company Prepared the Following Income Statement: Fangled Company $\quad$

The Fangled Company prepared the following income statement: fangled Company
Income Statement
$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Fangled Company }$
$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Income Statement }$
$\text { For The Year Ended December 31, } 20 \times 3$

$\begin{array}{lr}\text { Sales } & \$ 240,000 \\\text { Cost of Goods Sold } & \underline{103,000} \\\text { Gross Profit } & \$ 137,000 \\\text { Operating Expenses } & \underline{82,000} \\\text { Operating Income } & \$ 55,000 \\\text { Interest Expense } & \underline{\$ 2,000} \\\text { Income before Taxes } & \$ 53,000 \\\text { Income Tax Expense } &\underline{ \$ 27,000 }\\\text { Net Income } &\underline{ \$ 26,000} \\\end{array}$
What is the interest-coverage ratio for Fangled Company at December 31,20X3?

A) 8.33.
B) 0.25.
C) 14.00.
D) 27.50.
E) 28.50.