Question
Terrell, Inc's net income for the most recent year was 13,550. The tax rate was 22 percent. The,firm paid 3520 in total interest expense and
Terrell, Inc's net income for the most recent year was 13,550. The tax rate was 22 percent. The,firm paid 3520 in total interest expense and deduct 4400 in depreciation expense, what was the company's cash coverage ratio for the year?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
