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MAGNET Inc. reports operating income of $780,000, interest expense of $231,000 and net income of $657,000. What is the times-interest-earned ratio? (Round your final answer

MAGNET Inc. reports operating income of $780,000, interest expense of $231,000 and net income of $657,000. What is the times-interest-earned ratio? (Round your final answer to two decimal places.) 0.53 0.30 2.84 3.38

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