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Lim Motors has sales of RM116,400, costs of goods sold of RM64,800, depreciation of RM7,100 and interest paid of RM3,800. The tax rate is 21%.
Lim Motors has sales of RM116,400, costs of goods sold of RM64,800, depreciation of RM7,100 and interest paid of RM3,800. The tax rate is 21%. What is the value of the cash coverage ratio?
Select one:
a. 23.41
b. 17.27
c. 12.14
d. 13.58
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