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Assume the following data: EBIT = 100; Depreciation = 40; Interest = 20; Dividends = 10. Calculate the cash coverage ratio. Select one: a. 7.0x
Assume the following data: EBIT = 100; Depreciation = 40; Interest = 20; Dividends = 10. Calculate the cash coverage ratio.
Select one:
a. 7.0x
b. 4.7x
c. 14.0x
d. 5.0x
(I am not sure if it is 5.0 or 7.0)
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