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Following is financial statement information for Rogex Corporation: net sales = $2,768; cost of goods sold = $1,210; depreciation = $360; interest expense = $160;
Following is financial statement information for Rogex Corporation: net sales = $2,768; cost of goods sold = $1,210; depreciation = $360; interest expense = $160; taxes = $312; addition to retained earnings = $508; and dividends paid = $218. The interest coverage ratio for Rogex is: Question 8 options: A) 6.5 times B) 4.5 times C) 9.7 times D) 1.5 times
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
