Foust Electronics paid $24,300 in interest and $32,000 in dividends last year. The times interest earned ratio

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Foust Electronics paid $24,300 in interest and $32,000 in dividends last year. The times interest earned ratio is 4.1, and the depreciation expense is $126,200. What is the value of the cash coverage ratio?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jan 24, 2023 02:00 PM

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Foust Electronics paid $24,300 in interest and $32,000 in dividends last year. The times interest earned ratio

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