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The Following Information Pertains to Unique Company

question 103

Multiple Choice

The following information pertains to Unique Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. The following information pertains to Unique Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.   What is the current cash debt coverage for this company? A)  0.5 times B)  3 times C)  0.33 times D)  0.14 times What is the current cash debt coverage for this company?


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