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Reviewing the financial statements of KRJ Enterprises ( all figures in $ millions ) , you find the following items: total debt of $ 5

Reviewing the financial statements of KRJ Enterprises (all figures in $ millions), you find the following items: total debt of $540, total liabilities of $836, total cash and marketable securities of $99, operating earnings of $188, and depreciation and amortization expenses of $57. Calculate the net debt to EBITDA ratio. Present your answer rounded to two decimal places (e.g.,2.34).

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