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Chutes & Co. has interest expense of $ 1.91 million and an operating margin of 11.4 % on total sales of $ 30.8 million. What
Chutes & Co. has interest expense of $ 1.91 million and an operating margin of 11.4 % on total sales of $ 30.8 million. What is Chutes' interest coverage ratio? (Hint: Here, interest coverage ratio is operating income divided by interest expense)
A) The interest coverage ratio is (Round to one decimal place.)
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