64. Turks & Co. is a glass-manufacturing firm whose income statement is being analy analyst at a local credit rating firm. Some relevant accounts for the year 2016 have been given in the following table Income Statement Sales cocs Gross Profit Depreciation SGEA Lease Payments EBIT Interest Payment EBT Taxes EAT 15,000 6,500 8,500 800 550 350 6,800 250 6,550 1,965 4,585 Using the given data, the fixed charge coverage ratio of the firm is closest to: A. 27.2 B. 20.42 C. 11.92 65. A water purification firm has purchased a water filtering plant for $450,000 with a salvage value of $50,000 and a useful life of 6 years. The maximum filtering capacity of the plant is 500,000 liters of water, but the firm is expected to filter 150,000 liters of water in the first two years, 80,000 liters in the third year, and 40,000 liters/year for next three years. The depreciation expense of the firm in the 3rd year under the units-of-production method is closest to: A. $72,000 B. $66,667 C. $64,000 CFA Institae docs not endorse, promote, or warran the sccuracy or quality of the prodacts or ervises offered by Mark Meldrum and Analy Prep CFA ure trademaku and h