Question: Answer is C. Please explain why 22. A company has a cash coverage ratio of 7. What is the required EBIT, given that Depreciation 40:

Answer is C. Please explain why

22. A company has a cash coverage ratio of 7. What is the required EBIT, given that Depreciation 40: Interest 20: Dividends 10? A 140 B. 110 C. 100 D. 90

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