The following data come from the financial records of Solomon Corporation for Year 3:

Sales = 840000

Interest expense = 5100

Income tax expense = 27500

Net income = 24,000

How many times was interest earned in Year 3? (Round your answer to 2 decimal places.)

Problem: Module 4 Textbook Problem 7 Learning Objective: 4-3 Calculate ratios for assessing a company's solvency The following data come from the financial records of Solomon Corporation for Year 3 : Required How many times was Interest earned in Year 3 ? (Round your answer to 2 decimal places