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A firm has EBIT of $400,000 and depreciation expense of $20,000. Fixed charges total $50,000. Interest expense totals $7,000. What is the firm's fixed-charge coverage
A firm has EBIT of $400,000 and depreciation expense of $20,000. Fixed charges total $50,000. Interest expense totals $7,000. What is the firm's fixed-charge coverage ratio? a) 7.6
b) 8.54
c) 8.4
d) 8
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Stock Trading $Trategies For Self Directed Beginners
Authors: J.r. Zordi
1st Edition
1542378230, 978-1542378239
