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Assess the debt coverage ratio of AT&T Inc. for the fiscal year ending December 31, 20X3. The Earnings Before Interest and Taxes (EBIT) amounted to
- Assess the debt coverage ratio of AT&T Inc. for the fiscal year ending December 31, 20X3. The Earnings Before Interest and Taxes (EBIT) amounted to $20 billion, while the Interest Expense was $10 billion.
- Provide insights into AT&T's ability to cover its interest obligations and manage its debt effectively.
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
978-0078025587
