Dec, 3 1 the net income is $ 2 0 , 0 0 0 , interest expense

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Question:

Dec,

31

the net income is $

20, 000,

interest expense is $

5, 000 .

Calculate the interest coverage ratio.

(

Ignore tax by assuming tax is zero

))

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Linear Algebra

ISBN: 9780982406212

1st Edition

Authors: Jim Hefferon

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Posted Date: Jan 24, 2024 01:45 AM

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Dec, 3 1 the net income is $ 2 0 , 0 0 0 , interest expense

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The detailed answer for the above question is provided below The interest coverage ratio ICR is a ... View the full answer

Linear Algebra

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