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The following data come from the financial records of Fanning Corporation for Year 3: Sales Interest expense Income tax expense Net income $845,000 5,600 26,500

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The following data come from the financial records of Fanning Corporation for Year 3: Sales Interest expense Income tax expense Net income $845,000 5,600 26,500 23,000 Required How many times was interest earned in Year 3? (Round your answer to 2 decimal places.) Interest earned times

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