Homework answers / question archive / For the fiscal year ended December 31, 2019, Austin Enterprises had Sales of $9,067,000; EBIT of $2,197,000; Net Income Before Tax of $1,906,000; Net Income After Tax of $1,258,000; and Interest Expense of $291,000

For the fiscal year ended December 31, 2019, Austin Enterprises had Sales of $9,067,000; EBIT of $2,197,000; Net Income Before Tax of $1,906,000; Net Income After Tax of $1,258,000; and Interest Expense of $291,000

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For the fiscal year ended December 31, 2019, Austin Enterprises had Sales of $9,067,000; EBIT of $2,197,000; Net Income Before Tax of $1,906,000; Net Income After Tax of $1,258,000; and Interest Expense of $291,000. What was the Times-Interest-Earned ratio for 2019?