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QUESTION 9 Selected financial statement data for KRJ Enterprises are listed below. Calculate the debt service coverage ratio. Present your answer rounded to two decimal
QUESTION 9 Selected financial statement data for KRJ Enterprises are listed below. Calculate the debt service coverage ratio. Present your answer rounded to two decimal places. e.g. 20.00. Sales $13,400 Cost of goods sold $8,168 Cash operating expenses $1,859 Depreciation and amortization expense $200 Interest expense $143 Tax expense $298 Footnotes report that $133 of lease expenses are included in cash operating expenses, $56 of interest expenditures were capitalized during the year, and $261 of debt was repaid during the year. QUESTION 10 Selected financial statement data (in $ thousands) for KRJ Enterprises are listed below, calculate the interest coverage ratio. Present your answer rounded to two decimal places. e.g. 20.00. Sales $11,660 Cost of goods sold $6,809 Cash operating expenses $1,810 Depreciation expense $444 Interest expense $149 Tax expense $189 Footnotes report that $297 of lease expenses are included in cash operating expenses, $27 of interest expenditures were capitalized during the year, and $590 of debt was repaid during the year
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