a Question 12 (of 13) 2. Ugh Inc.'s net income for the most recent year was $16,985. The tax rate was 35 percent. The firm paid $3,986 in total interest expense and deducted $2,665 in depreciation expense. What was the cash coverage ratio for the year? (Do not round Intermediate calculations and round your final answer to 2 decimal places, e-g-, 32.16.) Cash coverage ratio times