MC algo 3-3 Cash Coverage Ratio
A firm has sales of [tex][tex]$4,800, costs of $[/tex][/tex]2,600, interest paid of [tex][tex]$175, and depreciation of $[/tex][/tex]485. The tax rate is 21 percent. What is the cash coverage ratio?
Multiple Choice
16.70 times
9.80 times
972 times
6.95 times
12.57 times