The total asset turnover rate is 18 earnings before


Fat Cat Incorporated has $16,124 in total assets, depreciation of $2,072, and interest of $3,001. The total asset turnover rate is 1.8. Earnings before interest and taxes is equal to 35 percent of sales. What is the cash coverage ratio? Enter your response to two decimal places.

Solution Preview :

Prepared by a verified Expert
Finance Basics: The total asset turnover rate is 18 earnings before
Reference No:- TGS01597685

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)