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Delectable Parsnip, Inc.s, net income for the most recent year was $15,599. The tax rate was 24 percent. The firm paid $5,031 in total interest

Delectable Parsnip, Inc.s, net income for the most recent year was $15,599. The tax rate was 24 percent. The firm paid $5,031 in total interest expense and deducted $5,466 in depreciation expense.

What was the companys cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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