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

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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 $950,000 (650,000) (20,100) 279,900 (83,970) $195,930 Compute Oak's times interest earned ratio. me interest earned ratio

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