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If the cash coverage ratio exceeds the times interest earned ratio, then the firm has: i) short-term debt ii) depreciable assets iii) a positive cash
If the cash coverage ratio exceeds the times interest earned ratio, then the firm has:
i) short-term debt
ii) depreciable assets
iii) a positive cash flow
iv) no long-term debt
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The Oxford Handbook Of IPOs
Authors: Douglas Cumming, Sofia Johan
1st Edition
0190614579, 978-0190614577
