firm will pay $10$ percent interest. The borrowed money will be used to finance an investment that is expected to increase the firm's net operating income by $$401,000$ a year.

a$.$ What is Karson's times interest earned ratio before the loan is taken out and the investment is made?

b$.$ What effect will the loan and the investment have on the firm's times interest earned ratio?

a$.$ What is Karson's times interest earned ratio before the loan is taken out and the investment is made?

The times interest earned ratio is times. $($Round to two decimal places.$)$