A firm has a net income of 31300 depreciation of 5100 taxes
A firm has a net income of 31,300, depreciation of $5,100, taxes of $14,600, and interest paid of 3,100. What is the cash coverage ratio?
1. 8.78
2. 10.10
3. 14.14
4. 16.32
5. 17.45
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