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Panda Inc.s net income for the most recent year was $16,585. The tax rate was 35 percent. The firm paid $3,946 in total interest expense
Panda Inc.s net income for the most recent year was $16,585. The tax rate was 35 percent. The firm paid $3,946 in total interest expense and deducted $2,625 in depreciation expense. What was the companys cash coverage ratio for the year? |
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