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Oak Corporation's financial statements for the current year showed the following: (Round your answers to 2 decimal place.) Income Statement Revenues Expenses Interest expense Pretax

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Oak Corporation's financial statements for the current year showed the following: (Round your answers to 2 decimal place.) Income Statement Revenues Expenses Interest expense Pretax income Income tax (30%) Net income $930,000 (646,000) (19,100) 264,900 79,470) $185,430 Compute Oak's times interest earned ratio. Time interest earned ratio

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