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Sectors Ltd has an EBIT of $7,743,853 and interest expense of $792,786. Its depreciation for the year is $1,816,469. What is its cash coverage ratio?

Sectors Ltd has an EBIT of $7,743,853 and interest expense of $792,786. Its depreciation for the year is $1,816,469. What is its cash coverage ratio? How it can be determined discuss step by step..

 

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