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Arnold Electronics reported the following amounts on its 2016 income statement: Year Ended December 31, 2016 Net income $ 49,000 Income tax expense 7,350 Interest

Arnold Electronics reported the following amounts on its 2016 income statement:

Year Ended December 31, 2016

Net income $ 49,000

Income tax expense 7,350

Interest expense 5,000

What is Arnold's times-interest-earned ratio for 2016? (Round the answer to two decimals.)

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