Question: Whipporwill, Incorporated s , net income for the most recent year was $ 1 5 , 9 7 7 . The tax rate was 2

Whipporwill, Incorporateds, net income for the most recent year was $15,977. The tax rate was 25 percent. The firm paid $5,052 in total interest expense and deducted $5,485 in depreciation expense.
What was the companys taxable income for the year?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What was the companys EBIT for the year?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What was the companys cash coverage ratio for the year?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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