Question: explain and answer please Calculating the Cash Coverage Ratio (LO2] Sherwood Inc.'s net income for the most recent year was $13,168. The tax rate was

explain and answer please

Calculating the Cash Coverage Ratio (LO2] Sherwood Inc.'s net income for the most recent year was $13,168. The tax rate was 34 percent. The firm paid $3,605 in total interest expense and deducted $2,382 in depreciation expense. What was the cash coverage ratio for the year

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