A firm has sales of $4,710, costs of $2,510, interest paid of $166, and depreciation of $467. The tax rate is 35 percent. What is the cash coverage ratio and what does it mean? Multiple Choice 17.34; The firm's operations generated $17.34 in net income for every $1 it paid in interest 13.25, The firm pays $13.25 in cash for every $1 it earns in interest. O 10.44; The firm's operations generated $10.44 in net income for every $1 it paid in depreciation. 13.25; The firm paid $13.25 in interest for every $1 in cash generated by operations. 8.95; The firm's operations generated $8.95 in cash for every $1 it paid in interest. 17.34; The firm claims depreciation of $17.34 for every $1 it paid in interest 13.25: The firm's operations generated $13.25 in cash for every $1 it paid in interest. 6.14; The firm makes $6.14 for every $1 it pays in interest. A firm has sales of $4,710, costs of $2,510, interest paid of $166, and depreciation of $467. The tax rate is 35 percent. What is the cash coverage ratio and what does it mean? Multiple Choice 17.34; The firm's operations generated $17.34 in net income for every $1 it paid in interest 13.25, The firm pays $13.25 in cash for every $1 it earns in interest. O 10.44; The firm's operations generated $10.44 in net income for every $1 it paid in depreciation. 13.25; The firm paid $13.25 in interest for every $1 in cash generated by operations. 8.95; The firm's operations generated $8.95 in cash for every $1 it paid in interest. 17.34; The firm claims depreciation of $17.34 for every $1 it paid in interest 13.25: The firm's operations generated $13.25 in cash for every $1 it paid in interest. 6.14; The firm makes $6.14 for every $1 it pays in interest