Rosita's Resources Paid $250 in Interest and $130 in Dividends

question 333

Multiple Choice

Rosita's Resources paid $250 in interest and $130 in dividends last year. The times interest earned ratio is 3.8 and the depreciation expense is $60. What is the value of the cash coverage ratio?

• A) 2.40
• B) 3.52
• C) 3.80
• D) 4.04
• E) 4.28

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Definitions:

Stages

Distinct phases or periods within a process of development or a sequence of events, often implying progression or growth.

Object Permanence

The recognition that items persist in existence even when they're not visible, audible, or perceptible through any senses.

Conservation

The practice of protecting and preserving natural resources and the environment for future generations.

Hypothetical Questions

Inquiries made to explore possibilities, outcomes, or scenarios that are not based on current reality but on conjecture.