Cutsinger Corporation has provided the following data from its most recent income statement: The times interest earned ratio is closest to:

A) 1.83
B) 0.28
C) 1.28
D) 0.19

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expenses.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to net profit or loss.