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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
a. Answer choices: It is not possible to answer this question
b. 15.40
c. 12.30
d. 14.50
e. 13.70
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