2. 23. Calculating the cash coverage ratio [LO 3.2] Talbingo Apples Limited EBIT for the most recent

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2. 23.

Calculating the cash coverage ratio [LO 3.2] Talbingo Apples Limited EBIT for the most recent year was $16 481. The tax rate was 30 per cent.

The firm paid $3 681 in total finance cost and deducted $4 385 in depreciation expense. What was the cash coverage ratio for the year?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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Question Posted: Oct 03, 2024 02:00 AM

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2. 23. Calculating the cash coverage ratio [LO 3.2] Talbingo Apples Limited EBIT for the most recent

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Fundamentals Of Corporate Finance

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