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Pop Evil, Inc.'s, net income for the most recent year was $10,142. The tax rate was 25 percent. The firm paid $3,460 in total interest
Pop Evil, Inc.'s, net income for the most recent year was $10,142. The tax rate was 25 percent. The firm paid $3,460 in total interest expense and deducted $2,120 in depreciation expense. What was the cash coverage ratio for the year?
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5.32 times
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5.52 times
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7.02 times
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6.63 times
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10.52 times
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