Vintage Boutique reported Interest expense of $5,200,Income tax expense of $23,000 and Net income of $78,000.Vintage Boutique's interest coverage ratio is (rounded to two decimals):

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The interest coverage ratio is calculated as (Net Income + Interest Expense + Income Tax Expense) / Interest Expense. Here, it is ($78,000 + $5,200 + $23,000) / $5,200 = 20.42.

Vintage Boutique Reported Interest Expense of $5,200,Income Tax Expense of $23,000