Nimitz Rental Company had depreciation expenses of $108,905, interest expenses of $78,112, and an EBIT of $1,254,338

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Nimitz Rental Company had depreciation expenses of $108,905, interest expenses of $78,112, and an EBIT of $1,254,338 for the year ended June 30, 2011. What are the time sinterest-earned and cash coverage ratios for this company?

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Fundamentals of corporate finance

ISBN: 978-0470876442

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Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 12:19 AM

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Nimitz Rental Company had depreciation expenses of $108,905, interest expenses of $78,112, and an EBIT of $1,254,338

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Depreciation 108905 Interest expenses 78112 EDIT ...View the full answer

Fundamentals of corporate finance

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