Question: Calculate the interest coverage ratio using the information below. Category 2 0 2 2 ( $ ) Accounts payable 8 0 0 Accounts receivable 9

Calculate the interest coverage ratio using the information below.
Category
2022($)
Accounts payable
800
Accounts receivable
950
Cash
300
COGS
650
Common stock
3,900
Depreciation expense
40
Interest expense
90
Inventories
1,100
Long-term debt
1,700
Net fixed assets
7,150
Notes payable
400
General & Adm. expenses
110
Retained earnings
2,700
Revenue/Sales
1,200
Taxes
120
Calculate the interest coverage ratio using the information below.
Category
2022($)
Accounts payable
800
Accounts receivable
950
Cash
300
COGS
650
Common stock
3,900
Depreciation expense
40
Interest expense
90
Inventories
1,100
Long-term debt
1,700
Net fixed assets
7,150
Notes payable
400
General & Adm. expenses
110
Retained earnings
2,700
Revenue/Sales
1,200
Taxes
120
13.33
4.89
4.44
1.00
5.67

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