73 $732 $2,000 Debt-service coverage: - $1,089 =

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$732

$2,000 Debt-service coverage: - $1,089

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Financial Management And Policy

ISBN: 9780130326577

12th Edition

Authors: James C. Van Horne

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Question Posted: Oct 21, 2024 05:03 AM

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73 $732 $2,000 Debt-service coverage: - $1,089 =
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a. Total annual interest (in thousands): Serial bonds, 8% on $2,400 $192 Mortgage bonds, 10% on $3,000 300 Subordinated debentures, 12% of $2,000 240 -$732 - 306 Part 111 Financing and Dividend...
84 b. Deviation from mean before ratio is one to one: Times interest earned: $2,000 - $732 = $1,268 Debt-service coverage: $2,000 - $1,089 = $911 Standardizing the deviations: 1,268 Times interest...
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73 $732 $2,000 Debt-service coverage: - $1,089 =

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Financial Management And Policy

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