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FVA Inc.s net income for the most recent year was $16,485. The tax rate was 34 percent. The firm paid $3,936 in total interest expense
FVA Inc.s net income for the most recent year was $16,485. The tax rate was 34 percent. The firm paid $3,936 in total interest expense and deducted $2,615 in depreciation expense. What was the cash coverage ratio for the year? |
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