A firm has a total debt ratio of .63. This means that that firm has $0.63 in debt for every:

A. $0.37 in total equity

B. $1.00 in total sales.

C. $1.00 in current assets.

D. $0.37 in total assets

E. $1.00 in total equity

A firm has sales of $49,800, cost of good sold and labor expenses of $39,100, depreciation expense of $3,200, and interest expense of $380. What is the cash coverage ratio? Enter two decimal places.