For the most recent year, Camargo, Incorporated, had sales of $567,000, cost of goods sold of $245,380, depreciation expense of $62,900, and additions to retained earnings of $70,600. The firm currently has 20,000 shares of common stock outstanding, and the previous years dividends per share were $1.45. The tax rate was 22 percent. What was the times interest earned ratio?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the time interest earned?