Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the defensive interval ratio (note that all current asset accounts are listed). Present your answer to two decimal places. e.g. 20.00.

Cash & marketable securities $120

Accounts receivable $326

Inventory $404

Total other current assets $221

Fixed assets (net) $1,121

Intangible assets $194

Long-term investments $267

Sales $2,026

Cost of goods sold $1,002

Cash operating expenses $541

Depreciation expenses $377

Interest expenses $133

Gain on sale of asset $149

Tax expenses $198