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A company with operating income of $200,000, cash flow from operating activities of $75,000, and gross profit of $380,000 has paid interest of $25,000 in
A company with operating income of $200,000, cash flow from operating activities of $75,000, and gross profit of $380,000 has paid interest of $25,000 in the current year. What is the company's interest coverage ratio (cash basis)? a. 2.67 or 2.67 to 1 b. 15.2 or 15.2 to 1 c. 3 or 3 to 1 d. 4 or 4 to 1
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