In: Finance
Selected financial statement data for KRJ Enterprises are listed below, calculate the EBITDA coverage ratio. Present your answer rounded to two decimal places. e.g. 20.00.
Sales $12,341
Cost of goods sold 7,642
Cash operating expenses 2,168
Depreciation and amortization expense 359
Interest expense 184
Tax expense 220
Footnotes report that $239 of lease expenses are included in cash operating expenses, $72 of interest expenditures were capitalized during the year, and $4,387 of debt was repaid during the year.