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Last year the Rondolea Products company had $142 million in annual sales and a net profit margin of 10.3 percent. In addition, Rondoeleas average tax

Last year the Rondolea Products company had $142 million in annual sales and a net profit margin of 10.3 percent. In addition, Rondoeleas average tax rate was 30 percent. If Rondoelea had $42 million of debt outstanding with an average interest rate of 9.7 percent, what is the firms times interest earned ratio?

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