20. With the data that follows, the Operating Cash Flow is Income Statement Sales $ 6,000,000 Cash Variable cost $ 3,995,000 Cash Fixed cost $ 1,000,000 Depreciation $ 150,000 EBIT (NOI) $ 855,000 Interest - $ 115,000 EBT $ 740,000 Taxes (30%) - $ 148,000 Net Income $ 592,000 21. Assuming the financial data for problem 20, if the current portion of the long-term debt were $ 265,000 and the payment for a new 12-month loan were $ 100,000, the coverage ratio would be a) 1.35: 1.00 b) 1.45: 1:00 c) 1.62: 1:00 d) 1.75: 1:00 36. Residential and commercial mortgage loans are similar in the following characteristics a) interest rate b) term c) discount points d) interest rate and discount points. e) interest rate and term