Linda's Lights balance sheet info for the beginning of 2020 Owners' Equity 27 million Bank Loan 10 million 45% interest rate

Fixed Assets 10 million Inventory 23 million Cash 4 million

Here are info for 2020

Purchased 220 thousand lamps for $100 each, sold them for $125 each Incurred additional operating costs of $2 million Purchased 5 trucks for $100,000 each

Profits tax 15% Dividend payout ratio 30%

Q: What is the Coverage Ratio?

Please show your calculation process