Parsnip incs net income for the most recent year was 9 512, Finance Basics

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Parsnip incs net income for the most recent year was 9 512

Question: Parsnip, Inc.'s, net income for the most recent year was $9, 512. The tax rate was 30 percent. The firm paid $3, 837 in total interest expense and deducted $5, 173 in depreciation expense. What was the company's cash coverage ratio for the year?

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Finance Basics: Parsnip incs net income for the most recent year was 9 512

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Finance Basics: Parsnip incs net income for the most recent year was 9 512

Reference No:- TGS02821557

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