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Frank's Boat Shop, Inc. reports operating income of $80,000 and interest expense of $21.000. The average number of shares of common stock outstanding during the

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Frank's Boat Shop, Inc. reports operating income of $80,000 and interest expense of $21.000. The average number of shares of common stock outstanding during the year was 30,000 shares. What is the times-interest -eared ratio? (Round your final answer to two decimal places) OA 7,67 OB 2.06 OC 3,81 OD 4.51

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