1 points Sales QUESTIONS Selected financial statement data (in thousands) for KR Enterprises are listed below, calculate the interest coverage ratio. Present your answer rounded to two decimal places.e.g. 20.00. $10,000 Cart of goods sold 7,400 Cash operating expenses 1,800 Depreciation expense 200 Interest expense 120 Tax expense 168 Footnotes report thor $300 of lease expenses are included in cash operating expenses $20 of interest expenditures were copitalized during the year, and $100 of debt was repaid during the year