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Dunder-Mifflin had net income of $45,000, with interest expense of $53,000 and a tax rate of 40%. If their cash coverage ratio was 5, what
Dunder-Mifflin had net income of $45,000, with interest expense of $53,000 and a tax rate of 40%. If their cash coverage ratio was 5, what was their depreciation for the year? A. 190,000 B. 99,500 C. 152,500 D. 137,000 Question 4 2 pts Dunder-Mifflin had net income of $45,000, with interest expense of $53,000 and a tax rate of 40%. If their cash coverage ratio was 5, what was their depreciation for the year? $190,000 O $99,500 152,500 $137,000
Dunder-Mifflin had net income of $45,000, with interest expense of $53,000 and a tax rate of 40%. If their cash coverage ratio was 5, what was their depreciation for the year?
A. 190,000
B. 99,500
C. 152,500
D. 137,000
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