Multiple Choice
Thompson's Jet Skis has at the end of the year Total assets of £650,000, Total Equity of £300,000, EBIT of £200,000 and Interest of £15,000? Calculate the Total debt ratio and Cash coverage ratio?
A) 3.25 and 13.3333.
B) 1.5 and 0.6667.
C) 1.1667 and 0.6667
D) 1.1667 and 13.3333.
E) 3.175 and 13.3333.
Correct Answer:
Verified
Correct Answer:
Verified
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