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Question 5 Not yet answered The Bakeshop Company paid $1.990 in interest and $1.850 in dividends last year. The times interest earned ratio is 2.2

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Question 5 Not yet answered The Bakeshop Company paid $1.990 in interest and $1.850 in dividends last year. The times interest earned ratio is 2.2 and the depreciation expense is $520. Does the company generate enough cash profit to be able to pay its interest? Evaluate using cash coverage ratio. Marked out of Coo

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