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A Firm Has Sales of $83,600,costs of $52,800,interest Paid of $1,600,and

Question 40

Multiple Choice

A firm has sales of $83,600,costs of $52,800,interest paid of $1,600,and depreciation of $11,400.The tax rate is 34 percent.What is the value of the cash coverage ratio?


A) 3.78 times
B) 11.13 times
C) 26.94 times
D) 19.25 times
E) 16.47 times

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