byates557 byates557

02-06-2024
Business

Answered

MC algo 3-3 Cash Coverage Ratio
A firm has sales of [tex][tex]$4,800, costs of $[/tex][/tex]2,600, interest paid of [tex][tex]$175, and depreciation of $[/tex][/tex]485. The tax rate is 21 percent. What is the cash coverage ratio?
Multiple Choice
16.70 times
9.80 times
972 times
6.95 times
12.57 times

Answer :

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