Calculating the Cash Coverage Ratio Titan Inc.s net income for the most recent year was $7,850. The
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Calculating the Cash Coverage Ratio Titan Inc.’s net income for the most recent year was
$7,850. The tax rate was 34 percent. The fi rm paid $2,108 in total interest expense and deducted
$1,687 in depreciation expense. What was Titan’s cash coverage ratio for the year? LO.1
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