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Consider a company with a cash coverage ratio of 4.2 and the following information: Sales of $25.6 million, Cost of goods sold of $14 million,
- Consider a company with a cash coverage ratio of 4.2 and the following information: Sales of $25.6 million, Cost of goods sold of $14 million, Depreciation of 7.7 million.
- What is the companys interest expense?
- What is its times interest earned ratio?
- If the tax rate is 21% what is its net income?
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