The Balance Sheet and Income Statement Shown Below Are for Pettijohn

question 2

Multiple Choice

The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.

-What is the firm's EBITDA coverage?

• A) 3.29
• B) 3.46
• C) 3.64
• D) 3.82
• E) 4.01

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Definitions:

Life Expectancy

The average number of years an individual is expected to live, based on current age and mortality rates.

Major Effects

Significant impacts or outcomes resulting from a specific cause, event, or decision, which can be observed in various contexts such as health, environment, or society.

Medical Care Costs

The expenses associated with the provision of health services, treatments, and medications to patients.

United States

A country in North America consisting of 50 states, known for its large economy and diverse population.