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solve pls Dandy Co. had operating profit of $250,000. The company paid interest at a rate of 5% on $250,000 of debt and paid tax
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Dandy Co. had operating profit of $250,000. The company paid interest at a rate of 5% on $250,000 of debt and paid tax of $95,000. The company also paid a dividend of $100,000. The dividend cover ratio was none of the options 2.50X 1.5X 2.00x 1.55XStep by Step Solution
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