Question: Ex02 for Chapters Two & Three (Pa... Saved Pop Evil, Inc's net income for the most recent year was $20,411. The tax rate was 25

 Ex02 for Chapters Two & Three (Pa... Saved Pop Evil, Inc's

Ex02 for Chapters Two & Three (Pa... Saved Pop Evil, Inc's net income for the most recent year was $20,411. The tax rate was 25 percent. The firm paid $3,931 in total interest expense and deducted $5,391 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Cash coverage ratio times C Prev12 f 14 Next> Ge

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