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A Firm Has Sales of $68,400,costs of $42,900,interest Paid of $2,100,and

Question 79

Multiple Choice

A firm has sales of $68,400,costs of $42,900,interest paid of $2,100,and depreciation of $6,500.The tax rate is 34 percent.What is the value of the cash coverage ratio?


A) 12.14
B) 15.24
C) 17.27
D) 23.41
E) 24.56

Correct Answer:

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