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1. Ram Company's after-tax net income was $120. Their interest paid was $50. Assuming the corporate tax is 40%, what is Ram Company's interest coverage
1. Ram Company's after-tax net income was $120. Their interest paid was $50. Assuming the corporate tax is 40%, what is Ram Company's interest coverage ratio? Question 4 options:
A 1.4
B 2.4
C 5.0
D 6.7
E None of the above.
2. Dorr Corp. had an ROA of 8%. Dorr's net profit margin was 4% on sales of $250. What were total assets? Question 6 options:
A $30
B $125
C $220
D $500
E None of the above.
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