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As the financial vice president for Squamish Equipment, you have the following information: Calculate Squamish's times burden covered ratio for the next year assuming annual
As the financial vice president for Squamish Equipment, you have the following information:
Calculate Squamish's times burden covered ratio for the next year assuming annual sinking fund payments on the new debt will equal $8 million.
1.01
1.08
1.38
1.49
1.95
None of the above.
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