Calculate the cash flow coverage ratio based on the following information: EBIT = $540,000; depreciation and amortization

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Calculate the cash flow coverage ratio based on the following information: EBIT = $540,000; depreciation and amortization = $65,000; interest payments = $180,000; principal repayment = $75,000; and tax rate = 35 percent.

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Financial Management Concepts and Applications

ISBN: 978-0132936644

1st edition

Authors: Stephen Foerster

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Question Posted: May 24, 2017 09:11 AM

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Calculate the cash flow coverage ratio based on the following information: EBIT = $540,000; depreciation and amortization

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Cash flow coverage EBITDA int payments beforetax cos...View the full answer

Financial Management Concepts and Applications

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