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A Firm Has Sales of $4,000,costs of $3,000,interest Paid of $100,and

Question 71

Multiple Choice

A firm has sales of $4,000,costs of $3,000,interest paid of $100,and depreciation of $400. The tax rate is 34%. What is the value of the cash coverage ratio?


A) 3
B) 4
C) 6
D) 7
E) 10

Correct Answer:

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