The times interest earned ratio is 29 the depreciation
Resources paid $11,310 in interest and $16,500 in dividends last year. The times interest earned ratio is 2.9, the depreciation expense is $7,900, and the tax rate is 35 percent. What is the value of the cash coverage ratio?
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resources paid 11310 in interest and 16500 in dividends last year the times interest earned ratio is 29 the
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