Question
EBITDA to Interest Expense = EBITDA / Interest Expense EBITDA Capex to Interest Expense = (EBITDA Capex) / Interest Expense EBIT to Interest Expense =
EBITDA to Interest Expense = EBITDA / Interest Expense
EBITDA Capex to Interest Expense = (EBITDA Capex) / Interest Expense
EBIT to Interest Expense = EBIT / Interest Expense
Billy Monday was the descendent of a Greek God running a bookstore in Boston. The only thing he used his godly powers for was to keep it from snowing in front of his store.
Mondays sales were $32,000,000, COGS was $15,000,000, EBIT was $4,000,000, EBITDA was $6,000,000, $1,500,000 was invested in capital assets, and Interest Expense was $900,000.
1. Compute EBITDA to Interest Expense
2. Compute EBITDA Capex to Interest Expense
3. EBIT to Interest Expense
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started