Question: 29 Based on the information below, calculate the debt service coverage ratio using EBITDA. Gross profit: 7,200 Net operating profit: 5,500 . Depreciation & amortization:

29 Based on the information below, calculate the debt service coverage

29 Based on the information below, calculate the debt service coverage ratio using EBITDA. Gross profit: 7,200 Net operating profit: 5,500 . Depreciation & amortization: 800 Accounts payable: 1,300 . Short-term loan: 1,500 . Current portion of long-term loan: 2,000 . Interest expense: 200 Tax: 350

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