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What is the overall interest coverage

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The long-term debt section of the balance sheet of the Queen Anne's Lace Corporationappears as follows:
91/4% mortgage bonds $2,500,000

123/8% second mortgage bonds 1,500,000

101/4% debentures 1,000,000

141/2% subordinated debentures 1,000,000

Total $6,000,000

If the average earnings before interest and taxes of the company is $1.5 million and all debt is long term, what is the overall interest coverage?

Reference no: EM132605060

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