Question: I am trying to find fixed charge coverage. I know that the ratio is tax expense, equity earnings, and noncontrolling interest + Interest portion of

I am trying to find fixed charge coverage. I know that the ratio is tax expense, equity earnings, and noncontrolling interest + Interest portion of rentals / interest expense, including capitalized interest + interest portion of rentals. I am just not getting the right answer when I am doing this. I just need a better explanation or someone show me because I have a couple problems like this and need to understand it more.

Here is the information off of the income statement. Where am I going wrong

Operating Revenues:

Passenger 11,489

Freight 125

Other 490

Total operating revenues 12,104

operating expenses

salaries and wages 3,704

fuel and oil 3,620

maintenance repairs 751

aircraft rentals 180

landing fees and other rentals 807

depreciation 628

total operating 1,426

operating income 11,116

other expenses (income)

interest expense 167

capitalized interest (18)

interest income (12)

other gains and losses 106

total before income taxes 243

income before income taxes 745

provision for income taxes 286

net income 459

net income per share basic .62

net income per share diluted .61

cash dividends declared per common share .0180

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