According to the information presented below, can you calculate the Interest Coverage Ratio for Alternatives, INC?...

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According to the information presented below, can you calculate the Interest Coverage Ratio for Alternatives, INC? *Round your answer to the nearest two decimals (nearest hundredth), if needed. Please type your answer as a decimal and not as percentage (i.e., 0.052 and not 5.2). Please do not type symbols in your answer (e.g., $, %, ...) EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract Cash & Equivalents $12,486,337 Receivables $3,544,661 Inventory $6,551,788 Total Current Assets $22,142,982 Total Non-Current Assets $11,441,466 Payables $2,108,854 Total Current Liabilities $11,675,645 Total Liabilities $14,802,488 Number of Shares Outstanding 1,454,375 Shareholders' Equity ??? Price per Share $148 Alternatives, INC Income Statement Extract Total Revenue $49,761,689 Cost of Goods Sold $25,398,471 Depreciation $723,495 Operating Expenses $16,105,501 Interest Expense $2,321,640 Earnings before Interest and Taxes ??? (EBIT) Net Income Payout Ratio ??? 32 According to the information presented below, can you calculate the Interest Coverage Ratio for Alternatives, INC? *Round your answer to the nearest two decimals (nearest hundredth), if needed. Please type your answer as a decimal and not as percentage (i.e., 0.052 and not 5.2). Please do not type symbols in your answer (e.g., $, %, ...) EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract Cash & Equivalents $12,486,337 Receivables $3,544,661 Inventory $6,551,788 Total Current Assets $22,142,982 Total Non-Current Assets $11,441,466 Payables $2,108,854 Total Current Liabilities $11,675,645 Total Liabilities $14,802,488 Number of Shares Outstanding 1,454,375 Shareholders' Equity ??? Price per Share $148 Alternatives, INC Income Statement Extract Total Revenue $49,761,689 Cost of Goods Sold $25,398,471 Depreciation $723,495 Operating Expenses $16,105,501 Interest Expense $2,321,640 Earnings before Interest and Taxes ??? (EBIT) Net Income Payout Ratio ??? 32