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Rosita's Resources Paid $250 in Interest and $130 in Dividends

Question 333

Multiple Choice

Rosita's Resources paid $250 in interest and $130 in dividends last year. The times interest earned ratio is 3.8 and the depreciation expense is $60. What is the value of the cash coverage ratio?


A) 2.40
B) 3.52
C) 3.80
D) 4.04
E) 4.28

Correct Answer:

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