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Saga innovation pays 12% interest on its outstanding debt, which amounts to 900 000. The company's sales are 3 200 000, its tax rate is
Saga innovation pays 12% interest on its outstanding debt, which amounts to 900 000. The company's sales are 3 200 000, its tax rate is 40% and its net profit margin is 6%. What is the company's time interest interest earned ratio?
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