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Use the Table for the Question(s)below

Question 62

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:
Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $ millions) Use the table for the question(s) below. Consider the following income statement and other information: Luther Corporation Consolidated Income Statement Year ended December 31 (in $ millions) -Luther's EBIT coverage ratio for the year ending December 31,2019 is closest to: A) 1.64. B) 1.78. C) 1.98. D) 2.19.
-Luther's EBIT coverage ratio for the year ending December 31,2019 is closest to:


A) 1.64.
B) 1.78.
C) 1.98.
D) 2.19.

Correct Answer:

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