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Pop Evil, Inc.s net income for the most recent year was $18,005. The tax rate was 24 percent. The firm paid $3,781 in total interest
Pop Evil, Inc.s net income for the most recent year was $18,005. The tax rate was 24 percent. The firm paid $3,781 in total interest expense and deducted $4,791 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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