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Lee Company has provided the following information: - Cash flow from operating activities, $258,000 - Net income, $186,000 - Interest expense, $38,000 - Interest cash

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Lee Company has provided the following information: - Cash flow from operating activities, $258,000 - Net income, $186,000 - Interest expense, $38,000 - Interest cash payments, $28,000 - Income tax payments, $158,000 - Income tax expense, $154,000 Using the modified method discussed in the text, what was Lee's cash coverage ratio? Multiple Choice 15.86 16.07 8.04 6.50

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