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Lee Company has provided the following information: Cash flow from operating activities, $257,000 Net income, $187,000 Interest expense, $37,000 Interest cash payments, $27,000 Income tax

Lee Company has provided the following information: Cash flow from operating activities, $257,000 Net income, $187,000 Interest expense, $37,000 Interest cash payments, $27,000 Income tax payments, $157,000 Income tax expense, $153,000

What was Lee's cash coverage ratio?

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