$($Capital structure analysis$)$ Last year the Rondoelea Products Company had $$145$ million in annual sales and a net profit margin of $10\mathrm{.}9$ percent. In addition,

Rondoelea's average tax rate was $30$ percent. If Rondoelea had $$38$ million of debt outstanding with an average interest rate of $10\mathrm{.}2$ percent, what is the firm's times

interest earned ratio?

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