For the year ending 2015, TJC plc has revenues of 1,027 million and total costs (excluding interest)
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For the year ending 2015, TJC plc has revenues of £1,027 million and total costs (excluding interest) of £817 million. Net interest expense was £29 million and depreciation was £12 million. What is the firm’s cash coverage ratio?
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The cash coverage ratio is a measure of a companys ability to cover its interest pay...View the full answer
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Related Book For 
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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