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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
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.
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