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Fixed Charge Coverage Ratio : Compute the fixed charge coverage ratio for a company with EBIT of $200,000, interest expense of $30,000, and lease payments
- Fixed Charge Coverage Ratio: Compute the fixed charge coverage ratio for a company with EBIT of $200,000, interest expense of $30,000, and lease payments of $20,000. What does this ratio indicate about the company's financial stability?
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Comparative international accounting
Authors: Christopher nobes, Robert parker
9th Edition
273703579, 978-0273703570
