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For the most recent year. Camargo, Incorporated, had sales of $ 5 6 6 , 0 0 0 . cost of goods sold of $

For the most recent year. Camargo, Incorporated, had sales of $566,000. cost of goods sold of $248,960, depreciation expense of $64,400, and additions to retained earnings of $76,800. The firm currently has 24,000 shares of common stock outstanding and the previous year's dividends per share were $1.50. Assuming a 23 percent income tax rate, what was the times interest carned rafio? Note: Do not round intermediete colculations and round your answer to 2 decimal places, e.g,32.16.
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