Find the Net Cost

question 40

Multiple Choice

Find the net cost. Round to the nearest cent.
-$179.40 less

• A)$91.85
• B)$119.40
• C)$71.76
• D)$107.64

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Definitions:

Cash Coverage Ratio

A financial metric that measures a company's ability to cover its interest obligations with its cash flow.

Depreciation Expense

Segmenting the financial outlay of a physical asset across its period of service.

EBIT

A financial performance indicator, earnings before interest and taxes, which omits the costs related to interest and income taxes.

Times Interest Earned

A financial metric that compares a company's income before interest and taxes to its interest expenses, indicating ability to meet interest obligations.