$($Capital structure analysis$)$ Last year the Rondoelea Products Company had $$143$

million in annual sales and a net profit margin of $9\mathrm{.}4$ percent. In addition, Rondoelea's

average tax rate was $30$ percent. If Rondoelea had $$38$ million of debt outstanding with

an average interest rate of $10\mathrm{.}6$ percent, what is the firm's times interest earned ratio?

The times interest earned ratio is times. $($Round to one decimal place.$)$