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

Question 31

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 $80. What is the value of the cash coverage ratio?


A) 2.71
B) 3.64
C) 4.12
D) 5.78
E) 6.10

Correct Answer:

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