Teague Industries

Presented below is selected financial data for Teague Industries for the current year:

Current assets:					Current liabilities:
Cash and cash equivalents			$3,573		Accounts payable	$5,335
Short-term investment			1,635		Other current liabilities	2,952
Receivables, net			1,851		Total current liabilities	8,287
Merchandise inventories			6,215		Long-term liabilities	5,196
Other current assets			1,975		Shareholders' Equity	6,260
Total current assets			15,249		Total liabilities and
Noncurrent assets			4,494		shareholders' equity	$19,743
Total assets			$19,743
Revenues			$50,826
Costs and Expenses			45,963
Operating Income			4,863
Other income/expense (including interest expense of	$100	)	(76)
Income before income tax			4,787
Income tax expense			1,459
Net income including noncontrolling interests			$3,328
Previous Year's Financial Data:
Total Assets			$17,420
Shareholders' Equity			3,980

The interest coverage ratio for Teague Industries is ________. (Round your answer to two decimal places, X.XX.)

A.

48.87

B.

33.28

C.

47.87

D.

62.46