Question
EV Inc's EBITDA of $780,000 ( = EBIT plus depreciation and amortization), interest expense of $19,000, it repaid $52,000 of long-term debt, and paid $34,800
EV Inc's EBITDA of $780,000 ( = EBIT plus depreciation and amortization), interest expense of $19,000, it repaid $52,000 of long-term debt, and paid $34,800 under a long-term lease. The firm had no amortization charges. What was the EBITDA coverage ratio?
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The Final Countdown
Authors: Mr. Aaron R Day ,Eileen Day
1st Edition
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