Question: Given solution for General accounting question not use ai Net Income for Greenhill Incorporated for the year was $20,000. The tax rate was 30%. The

Given solution for General accounting question not use ai

Net Income for Greenhill Incorporated for the year was $20,000. The tax rate was 30%. The firm paid $5,000 in total interest expense and deducted $6,000 in depreciation expense. What was the company's cash coverage ratio for the year? Round your answer to 2 decimal places

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