A firm has sales of 3600 costs of 2800 interest paid of 100


A firm has sales of $3,600, costs of $2,800, interest paid of $100, and depreciation of $400. The tax rate is 34%. What is the value of the cash coverage ratio?

Must use this cash coverage ratio formula: (EBIT + depreciation) / interest

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Financial Management: A firm has sales of 3600 costs of 2800 interest paid of 100
Reference No:- TGS01153949

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