In a footnote to its 2018 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Year 2019 2020 2021 2022 2023 After 2023 Amount 9.194 8,032 6.376 4,589 3,780 20,412 Calculate the present value of the operating lease obligations, assuming a discount rate of 4%. Driver Enterprises just reported earnings before interest and taxes (EBIT) of $46,049 and interest expense of $4,137. Included in its reported operating expenses were lease expenses of $17,901. Using footnote data and a discount rate of 7% you have determined the present value of the company's future lease obligations to be $32.383. Calculate the interest coverage ratio based on the as-reported income statement data (i.e., without accounting for the valuation of the lease obligations) and present your answer rounded to two decimal places, e.g., 20.00