Calculate debt coverage ratio times interest earned


Prince Canning PLC had EBIT of $81,654 and Interest payments of $14,300.   Its Net income was $43,780 and Sales was $366,996; it had total assets of $432,379 and total equity of $283, 606.

1) Calculate debt coverage ratio (Times interest earned)

2) Calculate: profit margin (PM), total assets turnover (TAT) and equity multiplier (EM)

3) Calculate its ROE using The DuPont identity

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Financial Management: Calculate debt coverage ratio times interest earned
Reference No:- TGS02643566

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