Multiple Choice
Calculate cash coverage ratio given the following information: depreciation expense = $6,000; EBIT = $12,000; times interest earned = 4 times.
A) 6.0 times
B) 6.5 times
C) 7.0 times
D) 7.5 times
E) 8.0 times
Correct Answer:

Verified
Correct Answer:
Verified
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