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A Firm Has Sales of $3,600, Costs of $2,800, Interest

Question 100

Multiple Choice

A firm has sales of $3,600, costs of $2,800, interest paid of $100, and depreciation of $400.The tax rate is 34%.What is the value of the cash coverage ratio?


A) 2
B) 4
C) 6
D) 8
E) 10

Correct Answer:

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