rades-20179 823-340 xM Fwd: Finance help- sharsim M Inbox (1,836) cure https://mail.google.com/mail/lu/o/minbox/15ec429eb89335782projector 1 Q untitled document .- LG PH45ou ultra s.. a Pensee Mens Slinn. fan Finance Uni 1 . Google Docs 12. Which of the following istare) a correct statements) regarding "coverage ratio?" There may be more than one; full credit requires all correct choices. Partial credit will be awarded. a) it measures how much of a company's revenue, as it travels down the "waterfall," is available to pay interest relative to the amount of interest that must be paid. b) All else the same, a higher ratio makes creditors feel more secure that they will be paid c) The more volatile the industry that the company is in, the higher the coverage ratio necessary for creditors to feel a certain amount of security None of the above d) A, B,c 13. Classy Shoes made $1 million in profits after taxes last year on $S million in revenue by manufacturing and selling 40,000 pairs of shoes. It retained no earnings. This year it manufactures the same number of pairs (at the same cost). But its shoes have become "in," which has allowed it to raise the price per pair without reducing unit sales. Which of the following ratios did not change this year? a) ROE b) Profit margin c) Turnover d) Leverage MacBook Pro