$($Capital structure analysis$)$ Last year the Rondoelea Products Company had $$140$ million in annual sales and a

net profit margin of $9\mathrm{.}2$ percent. In addition, Rondoelea's average tax rate was $30$ percent. If Rondoelea had $$45$

million of debt outstanding with an average interest rate of $10\mathrm{.}4$ percent, what is the firm's times interest

earned ratio?

The times interest earned ratio is times. $($Round to one decimal place.$)$