During 2016, Fly-Us-Again, Inc had total interest expense of P10,000, sales of P1,000,000, income taxes of P40,000, and a net profit margin of 6%. What is the company's times-interest-earned ratio...

During 2016, Fly-Us-Again, Inc had total interest expense of P10,000, sales of P1,000,000, income taxes of
P40,000, and a net profit margin of 6%. What is the company's times-interest-earned ratio for 2016?

a. 6 times
b. 10 times
c. 11 times
d. 25 imes