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The following data come from the financial records of Zachary Corporation for Year 3: Sales Interest expense Income tax expense Net income $845,000 4,900

 

The following data come from the financial records of Zachary Corporation for Year 3: Sales Interest expense Income tax expense Net income $845,000 4,900 25,500 25,000 Required How many times was interest earned in Year 3? (Round your answer to 2 decimal places.)

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