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The Yellow Corp has $600,000 of debt outstanding, and it pays an interest rate of 8% annually. Its annual sales are $1.5 million, its average
The Yellow Corp has $600,000 of debt outstanding, and it pays an interest rate of 8% annually. Its annual sales are $1.5 million, its average tax rate is 25%, and its net profit margin on sales is 14%. The company has depreciation expense of $26,240 with no amortization. What is the EBITDA coverage for Yellow Corp
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