Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Calculate interest coverage for 2011-2013, both including and excluding cap ex. EXHIBIT 1 2010 2011 2012 2013 REVENUES COGS GROSS PROFIT SG&A DEPRECIATION OPERATING

image text in transcribed
image text in transcribed
2. Calculate interest coverage for 2011-2013, both including and excluding cap ex. EXHIBIT 1 2010 2011 2012 2013 REVENUES COGS GROSS PROFIT SG&A DEPRECIATION OPERATING INCOM INTEREST EXPENSE 42,000 44,500 47,000 51,000 31,200 32,500 34,000 36,800 10,800 12,000 13,000 14,200 4,450 1,350 8,400 1,300 4,000 1,200 5,600 4,100 1,270 6,630 1,900 4,300 1,300 7,400 1,700 CAP EX 2,200 2,300 2,300 2,400 DEBT 0 31,600 26,600 18,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The True Value Of Bitcoin Revealed

Authors: Satoshi Nakaloco

1st Edition

More Books

Students also viewed these Finance questions