What is chutes interest coverage ratio

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Reference no: EM131448503

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.)

Reference no: EM131448503

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