Brunkild Inc.s net income for the most recent year was $13,168. The tax rate was 34 percent.
Question:
Brunkild Inc.’s net income for the most recent year was $13,168. The tax rate was 34 percent. The firm paid $3,605 in total interest expense and deducted $2,382 in depreciation expense. What was Giant’s cash coverage ratio for the year?
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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