Question
Nimitz Rental Company had depreciation expenses of $126,000, interest expenses of $114,000, and an EBIT of $1,805,000 for the year ended June 30, 2013. What
Nimitz Rental Company had depreciation expenses of $126,000, interest expenses of $114,000, and an EBIT of $1,805,000 for the year ended June 30, 2013. What are the times interest-earned and cash coverage ratios for this company?
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Financial Accounting A Focus On Interpretation And Analysis
Authors: Richard F Kochanek, A Douglas Hillman
7th Edition
1111061750, 9781111061753
