Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below.

Current liabilities	$	191		Income before interest and taxes	$	127
10% Bonds, long-term		380		Interest expense		38
Total liabilities		571		Income before tax		89
Shareholders' equity				Income tax		27
Capital stock		204		Net income	$	62
Retained earnings		294
Total shareholders' equity		498
Total liabilities and equity	$	1,069

HHF's times interest earned ratio is (Round your answer to two decimal places.):