Delectable Parsnip, Inc.’s, net income for the most recent year was $10,512. The tax rate was 34 percent. The firm paid $3,587 in total interest expense and deducted $5,673 in depreciation expense.
What was the company’s cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Cash coverage ratio times?