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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: Sales -
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 - $5
- Accounts receivable - $2.5
- Debt due within one year - $10
- Capital Expenditures - $2
- Net Income - $25
- Interest expense - $6
- Total Debt - $180
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Global Finance And The Macroeconomy
Authors: A. Makin
1st Edition
0333736982, 978-0333736982
