A firm has EBIT of $300,000 and depreciation expense of $12,000. Fixed charges total $44,000. Interest expense

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A firm has EBIT of $300,000 and depreciation expense of $12,000. Fixed charges total $44,000. Interest expense totals $7,000. What is the firm's cash coverage ratio?

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3.76 times
4.91 times
7.25 times
7.09 times

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Auditing An International Approach

ISBN: 978-0071051415

6th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Posted Date: May 26, 2022 08:25 AM

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A firm has EBIT of $300,000 and depreciation expense of $12,000. Fixed charges total $44,000. Interest expense

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Auditing An International Approach

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