Chutes amp co has interest expense of 191 million and an


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.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Chutes amp co has interest expense of 191 million and an
Reference No:- TGS02244073

Expected delivery within 24 Hours