FIN 571 WEEK 2 Multiple Choice Question 68

FIN 571 WEEK 2 Multiple Choice Question 68
 Your answer is correct 	 
Coverage ratios: Sectors, Inc., has an EBIT of $7,221,643 and interest expense of $611,800. Its depreciation for the year is $1,434,500. What is its cash coverage ratio?

 
None of these
 
15.42 times
 
18.34 times
 
14.15 times

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