An analyst has compiled the following 2016 information about Suggs, Inc. (in millions).

• Income Statement Data:
• Net sales = $650, COGS = $350, SG&A expense = $55, Interest expense = $14, Income taxes = $76 and Net income = $155
• Balance Sheet Data:
• Beginning and ending total interest bearing debt = $260 and $270, respectively.

Based on the above data, Suggs' interest coverage ratio is closest to:

A.16.5x

B.12.1x

C.18.9x

D.17.5x