Question
Use the income and expense account information for Pepsico for 2017 listed below. What is the cash coverage ratio? Tax rate: 30% Interest expense: $6,590,000
Use the income and expense account information for Pepsico for 2017 listed below. What is the cash coverage ratio?
Tax rate: 30%
Interest expense: $6,590,000
Revenue: $910,500,000
Depreciation: $50,000,000
Selling, general, and administrative expense: $85,000,000
Cost of goods sold: $730,000,000
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
