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Question 5 Given the following financial statement information for Microsoft. Calculate the cash coverage ratio for FY2019. (Round to 4 decimals) Simplified Statements for MSFT

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Question 5 Given the following financial statement information for Microsoft. Calculate the cash coverage ratio for FY2019. (Round to 4 decimals) Simplified Statements for MSFT Balance Sheet FY2019 FY2019 Cash Income Statement 147,145 Sales 115,450 Acct. Receivable 29,129 COGS 42,500 Inventory 2,928 SGA 38,000 Other Current Assets 7,409 Depreciation 103,910 15,000 Net Fixed Assets 19,950 Total Assets EBIT 290,521 Interest Expense 3,550 Acct. Payable 16,400 EBT 9,479 Taxes 3444 Long Term Debt 184,246 Net Income 12,956 Common Stock 78,345 Retained Earnings Dividends 6,000 18,451 Total Liab. And Equity Addition to Retained Earnings 6,956 290,521

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