Financial-Management-5-What-is-the-value-of-the-cash-coverage-ratio

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March 16, 2021
Can Mrs. Klausman Stay in Assisted Living?
March 16, 2021

Financial-Management-5-What-is-the-value-of-the-cash-coverage-ratio

Question 35

Terry’s Pets paid $2,380 in interest and $2,200 in dividends last year. The times interest earned ratio is 2.4 and the depreciation expense is $760. What is the value of the cash coverage ratio?

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