The following information is from the financial records of Newton Company for Year 2:
Required:
Calculate the number of times interest is earned for Newton in Year 2. Round your answer to one decimal place. $\begin{array}{|l|lc|}
\hline \text { Sales } & \$ & 620,000 \
\hline \text { Interest expense } & 26,000 \\hline \text { Income tax expense } & 46,000 \
\hline \text { Net income } & 104,000 \
\hline
\end{array}$

Question

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The Answer of The following information is from the financial records of Newton Company for Year 2:
Required:
Calculate the number of times interest is earned for Newton in Year 2. Round your answer to one decimal place. $\begin{array}{|l|lc|}
\hline \text { Sales } & \$ & 620,000 \
\hline \text { Interest expense } & 26,000 \\hline \text { Income tax expense } & 46,000 \
\hline \text { Net income } & 104,000 \
\hline
\end{array}$

The Following Information Is from the Financial Records of Newton