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Calculating the cash coverage ratio delectable parsnip incs

Question: Calculating the Cash Coverage Ratio. Delectable Parsnip, Inc.'s, net income for the most recent year was $8,417. The tax rate was 34 percent. The firm paid $4,632 in total interest expense and deducted $5,105 in depreciation expense. What was the company's cash coverage ratio for the year?

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Finance Basics: Calculating the cash coverage ratio delectable parsnip incs

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