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BOV P3-23 Calculating the Cash Coverage Ratio (LO2] 21 Pop Evil, Inc's, net income for the most recent year was $10,117. The tax rate was

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BOV P3-23 Calculating the Cash Coverage Ratio (LO2] 21 Pop Evil, Inc's, net income for the most recent year was $10,117. The tax rate was 22 percent. The firm paid $3,475 in total interest expense and deducted $2,193 in depreciation expense. What was the cash coverage ratio for the year? 10 points 8 010458 Multiple Choice 5.16 times 5.36 times 10.36 times C M Graw HO

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