Iacouva Company reported the following on the company's income statement for 2014 and 2013:
2014 2013
Interest expense ............................................. $5,000,000 $5,000,000
Income before income tax.................................. 3,500,000 6,000,000
a. Determine the number of times interest charges are earned for 2014 and 2013. Round to one decimal place.
b. What conclusions can you draw?