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Oak Corporation's financial statements for the current year showed the following: (Round your answers to...

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Accounting

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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 $890,000 (638,000) (17,100) 234,900 (70,470) $ 164,430 Compute Oak's times interest earned ratio. Time interest earned ratio

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