What is the fixed charge coverage?

The Simmons Corporation's income statement is given below. SIMMONS CORPORATION Sales $259,000 Cost of goods sold 209,000 Gross profit 50,000 Fixed charges (other than interest) 24,500 Income before interest and taxes 25,500 Interest 19,000 Income before taxes 6,500 Taxes 2,275 Income after taxes $4,225 a. What is the times interest earned ratio? (Round the final answer to 2 decimal places.) Times interest earned x b. What would be the fixed charge coverage ratio? (Round the final answer to 2 decimal places.) Fixed charge coverage |:| x