Question: 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

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 Munoz Corporation for Year 3: Sales Interest expense Income tax expense Net income $ $845,000 5,000 28,500 28 , Required How many times was interest earned in Year 3? (Round your answer to 2 decimal places.) Interest earned times

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