The following are some figures from Laura Sweet Company's 2020 financial statements: (in thousands) Cash$213 AR341 Inventory327

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The following are some figures from Laura Sweet Company's 2020 financial statements: (in thousands)

Cash$213

AR341

Inventory327

NetPP&E6,571

AP250

Note Payable1,474

Long-termDebt2,386

CommonShares1,200

Retained Earnings2,336

Sales4,184

COGS2,664

Depreciation570

Interest535

IncomeTax77

Required:Calculate the following ratio- cash coverage ratio

Related Book For answer-question

Chemical Principles

ISBN: 978-1111580650

7th edition

Authors: Steven S. Zumdahl, Donald J. DeCoste

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Posted Date: Jun 14, 2024 06:13 AM

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The following are some figures from Laura Sweet Company's 2020 financial statements: (in thousands) Cash$213 AR341 Inventory327

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Chemical Principles

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