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16.A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm's fixed charge coverage? A.5.00x
16.A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm's fixed charge coverage?
A.5.00x
B.4.00x
C.3.33x
D. 2.40x
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