Luther's EBIT Coverage Ratio for the Year Ending December 31,2009

question 81

Multiple Choice

Luther's EBIT coverage ratio for the year ending December 31,2009 is closest to:

• A)1.64
• B)1.78
• C)1.98
• D)2.19

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Definitions:

Usury

Charging an illegal rate of interest.

Lawful Maximum

The highest limit allowed by law, often referring to interest rates, fees, or other financial charges.

Interest Rate

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Legally Binding

A term applied to agreements or contracts that have legal force, meaning they are enforceable by law.