Normalizing debt is used to adjust long term obligations to more normal amortizations, which are added to the current portion of long-term debt to better assess debt service coverage. a. True b. False c. Only if long-term debt is past due. Question 9 1 pts Times interest earned ratio measures: a. The coverage of interest by EBIT. b. The payment of lease obligations. c. The earnings rate on interest. d. None of the above. Question 10 1 pts Global cash flow assesses which of the following: a. All sources of annual income, including business and personal income of owners, less all expenses, both business and personal, including estimated living expenses. b. The EBITDA cash flow less the current portion of long term debt. c. Fixed charge coverage calculations of debt service less personal wealth. d. None of the above. Normalizing debt is used to adjust long term obligations to more normal amortizations, which are added to the current portion of long-term debt to better assess debt service coverage. a. True b. False c. Only if long-term debt is past due. Question 9 1 pts Times interest earned ratio measures: a. The coverage of interest by EBIT. b. The payment of lease obligations. c. The earnings rate on interest. d. None of the above. Question 10 1 pts Global cash flow assesses which of the following: a. All sources of annual income, including business and personal income of owners, less all expenses, both business and personal, including estimated living expenses. b. The EBITDA cash flow less the current portion of long term debt. c. Fixed charge coverage calculations of debt service less personal wealth. d. None of the above