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For the most recent year, Camargo, Inc., had sales of $590,000, cost of goods sold of $254,420, depreciation expense of $67,400, and additions to retained

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For the most recent year, Camargo, Inc., had sales of $590,000, cost of goods sold of $254,420, depreciation expense of $67,400, and additions to retained earnings of $79,800. The firm currently has 27,000 shares of common stock outstanding and the previous year's dividends per share were $1.62. Assuming a 24 percent income tax rate, what was the times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Times interest earned times

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