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Calculate the interest coverage ratio using the information below. Category 2022 ($) Accounts payable800Accounts receivable950Cash300COGS650Common stock3,900Depreciation expense40Interest expense90Inventories1,100Long-term debt1,700Net fixed assets7,150Notes payable400General & Adm. expenses110Retained
Calculate the interest coverage ratio using the information below.
Category2022 ($)Accounts payable800Accounts receivable950Cash300COGS650Common stock3,900Depreciation expense40Interest expense90Inventories1,100Long-term debt1,700Net fixed assets7,150Notes payable400General & Adm. expenses110Retained earnings2,700Revenue/Sales1,200Taxes120Step by Step Solution
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Finance Budget And Management For Reference Services Routledge Library Editions Library And Information Science
Authors: Ruth A. Fraley, Bill Katz
1st Edition
0367374293, 978-0367374297
