Chutes& Co. has interest expense of $1.26 million and an operating margin of 10.7% on total sales
Fantastic news! We've Found the answer you've been seeking!
Question:
Chutes& Co. has interest expense of $1.26 million and an operating margin of 10.7% on total sales of $29.6 million. What isChutes' interest coverageratio?
The interest coverage ratio is times.(Round to one decimalplace.)
Expert Answer:
Posted Date:
