Question: Selected financial statement data for KRJ Enterprises are listed below. Calculate the debt service coverage ratio. Present your answer rounded to 2 decimal places. e.g.

Selected financial statement data for KRJ Enterprises are listed below. Calculate the debt service coverage ratio. Present your answer rounded to 2 decimal places. e.g. 20.00

Sales $12,943

Cost of goods sold 8,629

Cash operating expenses 1,879

Depreciation and amortization expense 208

Interest expense 165

Tax expense 153

Footnotes report that $280 of lease expenses are included in cash operating expenses, $41 of interest expenditures were capitalized during the year, and $276 of debt was repaid during the year.

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