As a financial analyst intern, you are required to cover the basics of the MoneyMonster AG....
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As a financial analyst intern, you are required to cover the basics of the MoneyMonster AG. Below are the details. Total assets 89.2 million EUR Book value of equity 24.7 million EUR Net debt 58.8 million EUR Earnings before interest and taxes 5.8 million EUR Depreciation and amortization 1.5 million EUR Net income 2.9 million EUR Share price 22.30 EUR Number of shares outstanding 1.5 million shares Sales 49.0 million EUR Tax rate 26.00 % What is the EBIT/Interest coverage of MoneyMonster AG? Select one: O A. 3.75 O B. The EBIT/Interest coverage cannot be calculated with the given information. O C. 5.26 D. 3.08 As a financial analyst intern, you are required to cover the basics of the MoneyMonster AG. Below are the details. Total assets 89.2 million EUR Book value of equity 24.7 million EUR Net debt 58.8 million EUR Earnings before interest and taxes 5.8 million EUR Depreciation and amortization 1.5 million EUR Net income 2.9 million EUR Share price 22.30 EUR Number of shares outstanding 1.5 million shares Sales 49.0 million EUR Tax rate 26.00 % What is the EBIT/Interest coverage of MoneyMonster AG? Select one: O A. 3.75 O B. The EBIT/Interest coverage cannot be calculated with the given information. O C. 5.26 D. 3.08
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Correct option is D308 A B Particulars Amount million EU... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0077522940
15th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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