in the past year. TVG had revenues of $2.94 million, cost of goods sold of $2.44 million, and depreciation expense of $139,820. The firm has a single issue of debt ourtsatnding with book value of $1.16 million on which it pays an interest rate of 9%. what is the firm's times interest earned ratio? (do not round intermediate calculations. round your answer to 2 decimal places.)

times interest earned:_______________