Coverage ratios: Nimitz Rental Company had depreciation expenses of $108,905, interest expenses of $78,112, and an EBIT

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Coverage ratios: Nimitz Rental Company had depreciation expenses of $108,905, interest expenses of $78,112, and an EBIT of

$1,254,338 for the last fiscal year. What are the times-interest-

earned and cash coverage ratios for this company?

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

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

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