Calculating the Cash Coverage Ratio Titan SpAs net income for the most recent year was 4,850. The
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Calculating the Cash Coverage Ratio Titan SpA’s net income for the most recent year was €4,850. The tax rate was 33 per cent. The firm paid €2,108 in total interest expense and deducted €1,687 in depreciation expense. What was Titan’s cash coverage ratio for the year?
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