urrent Attempt in Progress

On December $31,2024,$ Sunland, Incireported the following Income Statement:

$\backslash$table$[[$Sales Revenue,$$119,900,000],[$Cost of Goods Sold,$79,630,000],[$Gross Profit,$40,270,000],[$Operating Expenses,$25,993,400],[$Interest Expense,$1,156,000],[$Tax Expense,$829,000]]$

Calculate Sunland's Times Interest Earned ratio at December $31,2024.($Round ratio to $2$ decimal places, eg$.12\mathrm{.}55.)$

Times Interest Earned ratio

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