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Calculate the cash flow coverage ratio based on the following information: EBIT = $ 548 comma 000 , depreciation and amortization = $ 60 comma
Calculate the cash flow coverage ratio based on the following information: EBIT = $ 548 comma 000 , depreciation and amortization = $ 60 comma 900 , interest payments = $ 177 comma 000 , principal repayment = $ 78 comma 600 , and tax rate = 35 percent. The cash flow coverage is times.(Round to two decimal places.)
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