Calculate the cash interest coverage for the


Reviewing the income statement and cash flow statement from KRJ Enterprises, you find the following items: Net income of $784 million, interest expense of $113 million, tax expense of $399 million, cash flow from operations of $795 million, interest paid of $121 million, and taxes paid of $262 million. Calculate the cash interest coverage for the company. Present your answer rounded to two decimal places. e.g. 20.00.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the cash interest coverage for the
Reference No:- TGS02405709

Expected delivery within 24 Hours