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Reviewing the income statement and cash flow statement from KRJ Enterprises, you find the following items: Net income of $829 million; interest expense of $138
Reviewing the income statement and cash flow statement from KRJ Enterprises, you find the following items: Net income of $829 million; interest expense of $138 million tax expense of $160 million; cash flow from operations of $891 million; interest paid of $136 million; and taxes paid of $327 million. Calculate the cash interest coverage for the company. Present your answer rounded to two decimal places. e.g. 20.00. 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 $12,067 Cost of goods sold $8,011 Cash operating expenses $1.946 Depreciation and amortization expense $282 Interest expense $125 Tax expense $211 Footnotes report that $233 of lease expenses are included in cash operating expenses. $57 of interest expenditures were capitalized during the year, and $257 of debt was repaid during the year
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