Cash Ratio TJC plc has revenues of 1,027 million and total costs (excluding interest) of 817 million.

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Cash Ratio TJC plc has revenues of £1,027 million and total costs (excluding interest) of £817 million. Net interest expense was £29 million and depreciation was £12 million. What is the firm’s cash coverage ratio?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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Question Posted: Jul 15, 2024 10:11 AM

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Cash Ratio TJC plc has revenues of 1,027 million and total costs (excluding interest) of 817 million.

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Corporate Finance

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