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A firm has EBIT of $350,000 and depreciation expense of $24,000. Fixed charges total $44,000. Interest expense totals $7,000. What is the firm's cash coverage
A firm has EBIT of $350,000 and depreciation expense of $24,000. Fixed charges total $44,000. Interest expense totals $7,000. What is the firm's cash coverage ratio?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
