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The Balance Sheet and Income Statement Shown Below Are for Pettijohn

Question 2

Multiple Choice


The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.
The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. -What is the firm's EBITDA coverage? A) 3.29 B) 3.46 C) 3.64 D) 3.82 E) 4.01
-What is the firm's EBITDA coverage?


A) 3.29
B) 3.46
C) 3.64
D) 3.82
E) 4.01

Correct Answer:

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