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Odessa Co. has current assets of $5.67 million and net income of $10.2 million. Current liabilities total $2.7 million, interest expense is $2.2 million, and
Odessa Co. has current assets of $5.67 million and net income of $10.2 million. Current liabilities total $2.7 million, interest expense is $2.2 million, and income tax expense is $3.2 million. What is the times interest earned ratio for this company?
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