Solved: What was the ebitda coverage ratio, Accounting Basics

+44 141 628 6080
[email protected]

What was the ebitda coverage ratio

Question: Ziebart Corp.'s EBITDA last year was $390,000 (= EBIT + depreciation + amortization), its interest charges were $9,500, it had to repay $26,000 of long-term debt, and it had to make a payment of $17,400 under a long-term lease. The firm had no amortization charges. What was the EBITDA coverage ratio?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: What was the ebitda coverage ratio

Reference No:- TGS01892242

Now Priced at $25 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Organizations financial health

Discuss the trend for each ratio and what it tells you about the organization's financial health.

Q : Svf sales-quick ratio and fixed assets turnover

Conversely, SVF's sales, quick ratio, and fixed assets turnover ratio have remained constant. We are arguing about what could cause this.

Q : What is a scheduling of patient vistis to a dentist office

Dr. Mark Greenberg practices dentistry in Topeka, Kansas. Greenberg tries hard to schedule appointments so that patients do not have to wait beyond

Q : Validity of the refinancing agreement

If you were the auditor of Randall Stewart's financial statements, how would you convince yourself of the validity of the refinancing agreement?

Q : What was the ebitda coverage ratio

The firm had no amortization charges. What was the EBITDA coverage ratio?

Q : Calculate the expected claim cost per person

An insurer sells a very large number of policies to people who each have the following identical loss (claims) distribution

Q : Explain-electoral systems differ between various nations

Consider the U.K. and address briefly the kind of electoral system that Britain has?

Q : Problem on time varying current and voltages

Consider the circuit of Figure in which the switch has been open for a long time prior to t=-0. Determine the values of vc(t) before t=0.

Q : How prison gangs-criminal street gangs-international gangs

Which of the following groups has a greater influence over our day to day life? How and why? Prison Gangs, Criminal street gangs, International Gangs.

1926149

Questions
Asked

3,689

Active Tutors

1423400

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

What are two things about the history of the black panthers

What are two things about the history of the Black Panthers as they are depicted in the film that you found surprising or interesting?

What you learned about yourself based on feedback journal

What have you learned about yourself based on the Feedback Journal? What is your goal for Graduate Writing II?

Why should the employer hire you

I wrote a professional resume, now i need to make a cover letter which I will attach my resume link below.

Discuss delay effects in prospective memory tasks

Academic writing often includes summaries, paraphrases, and direct quotes from the work of other authors. In text-citations are used in APA style

Started a book club and invited the author of the book

You have started a book club and invited the author of the book during your second meeting to give a presentation about the book.

Define the concept of charisma

Define the concept of charisma. Is charisma learnable or an innate characteristic of a few select people? Provide an argument for your position.

Write script for the minidrama needs

Time frame of 4-6 minutes (e.g. approx. 2 minutes per page; includes lines and stage directions)