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Elddir, Inc. has net income of net income of 2500, a tax rate of 34%, interest expense of 4500 and deducted depreciation expense of 3500.
Elddir, Inc. has net income of net income of 2500, a tax rate of 34%, interest expense of 4500 and deducted depreciation expense of 3500. What is Elddirs cash coverage ratio?
1. | 3.41 |
2. 1.84 |
3. | 2.62 |
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