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Chutes & Co. has interest expense of 1.81 million and an operating margin of 11.2% on total sales of 29.5 million. What is Chutes' interest

Chutes & Co. has interest expense of 1.81 million and an operating margin of 11.2% on total sales of 29.5 million. What is Chutes' interest coverage ratio?image text in transcribed

Chutes & Co. has interest expense of $1.81 million and an operating margin of 11.2% on total sales of $29.5 million. What is Chutes' interest coverage ratio? The interest coverage ratio is times. (Round to one decimal place.)

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