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If the cash coverage ratio exceeds the times interest earned ratio, then the firm has: a positive cash flow. no long-term debt. short-term debts. depreciable
If the cash coverage ratio exceeds the times interest earned ratio, then the firm has:
a positive cash flow.
no long-term debt.
short-term debts.
depreciable assets.
hint: its not a positive cash flow, it said it was wrong on my homework!
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