The firm paid 3537 in total interest expense and deducted, Financial Management

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The firm paid 3537 in total interest expense and deducted

Delectable Parsnip, Inc.’s, net income for the most recent year was $10,712. The tax rate was 30 percent. The firm paid $3,537 in total interest expense and deducted $5,773 in depreciation expense. What was the company’s cash coverage ratio for the year?

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Financial Management: The firm paid 3537 in total interest expense and deducted

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Financial Management: The firm paid 3537 in total interest expense and deducted

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