A recent annual report for Boston Beer Company contained the following data for the three most recent years (in millions of U.S. dollars):

	2012			2011			2010
Cash flow from operating activities	$	95.3		$	72.8		$	67.8
Cash flow from investing activities		(67.3	)		(19.6	)		(13.6	)
Cash flow from financing activities		(3.0	)		(52.7	)		(60.7	)

Assume that all investing activities involved acquisition of new property, plant, and equipment.

Required:

1.	Compute the capital expenditures ratio for the three-year period in total. (Round your answer to 2 decimal places.)