Question: When assessing the fixed - payment coverage ratio, . A . the higher its value, the more difficult it is for a firm to pay
When assessing the fixed payment coverage ratio,
A the higher its value, the more difficult it is for a firm to pay its debts
B preferred stock dividend payments can be disregarded
C the lower its value the more risky is the firm
D the lower its value, the better is the firm's ability to make interest payments
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