value: 4.00 points M10-4 Computing the Times Interest Earned Ratio LO10-3 Oak Corporation's financial statements for the current year showed the following: (Round your answers to 2 decimal place.) Income Statement Revenues Expenses Interest expense Pretax income Income tax (30%) Net income $970,000 (654,000) (21,100) 294,900 (88.470) $206,430 Compute Oak's times interest eaned ratio. interest earned ratio References eBook & Resources Worksheet Difficulty: 1 Easy M10-4 Computing the Times Interest Earned Ratio LO10-3 Learning Objective: 10-03 Compute and analyze the times interest eaned ratio