1. Deluxe Printing has requested a bank loan where the monthly interest payments will be $1,800 and the monthly principal payments will be $200. Deluxe Printing must also make monthly lease payments of $800 on their leased printing equipment. Last year, the annual operating profit of Deluxe Printing was $30,000. Calculate the fixed payment coverage ratio. 1.18 b. 1.83 c. 0.85 d. 0.89 a. 1 2. Total cost of goods sold for 2017 are $2,160,000. Ending inventory is $1,200,000. Calculate days in inventory. 1.8 days b. 55 days c. 16.7 days d. 200 days a