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What is the fixed charge coverage ratio? Answer in the form of 5.0x (one decimal place...hint: should end in .0x or .5x ) Assume:

What is the fixed charge coverage ratio? Answer in the form of 5.0x (one decimal place...hint: should end in

What is the fixed charge coverage ratio? Answer in the form of 5.0x (one decimal place...hint: should end in .0x or .5x ) Assume: Sales - $1,000 Depreciation $3 PP&E - $15 Taxes paid - $8 Accounts receivable - $2.5 Debt due within one year - Capital Expenditures - $2 Net Income $25 Interest expense - $6 Total Debt $112.5 -

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