Highland Lumber Has Net Sales of $642,100,depreciation of $138,400,interest Expense

question 57

Multiple Choice

Highland Lumber has net sales of $642,100,depreciation of $138,400,interest expense of $15,600,cost of goods sold of $409,800,and taxes of $16,400.What is the cash coverage ratio?

• A)11.06
• B)6.02
• C)13.79
• D)14.89
• E)8.78