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26.61) JK Motors has sales of $96.400, costs of $53,800, interest paid of $2,800, and depreciation of $7,100. The tax rate is 21 percent. What
26.61) JK Motors has sales of $96.400, costs of $53,800, interest paid of $2,800, and depreciation of $7,100. The tax rate is 21 percent. What is the value of the cash coverage ratio? A) 15.21 B) 12.14 C) 17.27 D) 23.41 E) 12.68
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