In The Past Year Tvg Had Revenues Of 3 05 Million Cost Of Goods Sold Of 2 55 Million 3819185

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In the past year, TVG had revenues of $3.05 million, cost of goods sold of $2.55 million, and depreciation expense of $80,000. The firm has a single issue of debt outstanding with book value of $1.05 million on which it pays an interest rate of 10%. What is the firm’s times interest earned ratio?