Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 20, 2024

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)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Private Debt Yield Safety And The Emergence Of Alternative Lending

Authors: Stephen L. Nesbitt

2nd Edition

1119944392, 978-1119944393

More Books

Students also viewed these Finance questions

Question

★★★★★

Determine the mass flow rate through the nozzle of Problem 16.17 for a back pressure of 1.9 MPa.

Answered: 1 week ago

Question

★★★★★

1. Consider each of the links of the performance management process as shown in Figure 2.1: a. Prerequisites ( performance planning b. Performance planning ( performance execution c. Performance...

Answered: 1 week ago

Question

★★★★★

A worker sequentially works on jobs. Each time a job is completed, a new one is begun. Each job, independently, takes a random amount of time having distribution F to complete. However, independently...

Answered: 1 week ago

Question

★★★★★

A Japanese company has a bond outstanding that sells for 87 percent of its 100,000 par value. The bond has a coupon rate of 4.3 percent paid annually and matures in 18 years. What is the yield to...

Answered: 1 week ago

Question

★★★★★

Required: 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November. (Indicate the effect of each variance...

Answered: 1 week ago

Question

★★★★★

As a staff accountant at ABC Tax & Accounting Service, you have a number of clients who need a variety of services from you. Some will contract with you to do their payroll only, some will ask that...

Answered: 1 week ago

Question

★★★★★

For the second quarter of the following year Cloaks Company has projected sales and production in units as follows: Jan Feb Mar Sales 56,000 58,000 63,000 Production 60,000 55,000 56,000 Cash-related...

Answered: 1 week ago

Question

★★★★★

Suppose, in the single-factor model, an obligor has a one-period default probability of 2.75 percent and an asset return correlation to the market factor of =0.4. What fractions of its asset return...

Answered: 1 week ago

Question

★★★★★

1. Find the most frequent bigrams (20 pts) Please complete the freq_bigram function to find the nn most frequent bigrams. Your function should return a list of top_n tuples. Each of the tuples should...

Answered: 1 week ago

Question

★★★★★

Objective: This activity has the purpose of helping students to implement sorted lists with links (dynamic memory). (Objective 4). Students Instructions: After studying this module, write the answers...

Answered: 1 week ago

Question

★★★★★

1. In this question, we will see a technique commonly used in mathematics: comparison. We arcsin(x) da) in two different ways and compare the result. In compute the same quantity: general, this...

Answered: 1 week ago

Question

★★★★★

2.5% budget reduction: Budget used is between 91% and 95% of the budget allocated. 5.0% budget reduction: Budget used is less than 90% of the budget allocated. None: Budget used is greater than 95%...

Answered: 1 week ago

Question

★★★★★

2. There is no simple solution to the distractions that we face in our personal and work lives. Jackson states that the solution to the issue is self-discipline. Many distractions are self-initiated....

Answered: 1 week ago

Question

★★★★★

2. Print out the most recent e-mails that you have sent or received and bring them to class. Analyze their effectiveness in terms of the e-mail tips in this chapter. Did the messages violate any of...

Answered: 1 week ago

Question

★★★★★

c. On the basis of these two continua, determine Oprah Winfreys communication style. d. In your opinion, does Oprah Winfrey display style flexibility?

Answered: 1 week ago

Previous Question Next Question