Ziebart Corp

question 27

Multiple Choice

Ziebart Corp.'s EBITDA last year was $390,000 ( = EBIT + depreciation + amortization) , its interest charges were $9,500, it had to repay $26,000 of long-term debt, and it had to make a payment of $17,400 under a long-term lease.The firm had no amortization charges.What was the EBITDA coverage ratio?

• A) 7.32
• B) 7.70
• C) 8.09
• D) 8.49
• E) 8.92

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The obligation of an organization to act in ways that serve both its own interests and the interests of its stakeholders, encompassing concerns for the environment, ethics, and the wellbeing of the society.

Prince William Sound

A region in the Gulf of Alaska known for its rich wildlife, fishing industry, and as the site of the Exxon Valdez oil spill in 1989.

Crude Oil

A natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.