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You are forecasting sales of $2mm next year, a gross margin of 40%.fixed costs of $500.000 Including depreciation and an effective tax rate of 30%.
You are forecasting sales of $2mm next year, a gross margin of 40%.fixed costs of $500.000 Including depreciation and an effective tax rate of 30%. You are applying for a Simm loan from the bank and believe the interest rate you will be offered is 8 What is your interest Coverage Ratio (also known as Times Interest Earned ratio? O 1 13 068 2.63 O 3.75 1.58
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