Use the Table for the Question(s)below

question 31

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:

-Luther's EBIT coverage ratio for the year ending December 31, 2011 is closest to:

• A)1.64
• B)1.78
• C)1.98
• D)2.19

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Definitions:

Mitochondrion

An organelle found in large numbers in most cells, in which the biochemical processes of respiration and energy production occur. It is often referred to as the powerhouse of the cell.

Glycolysis

The metabolic pathway that breaks down glucose to pyruvate, generating ATP and NADH, occurring in the cytosol of cells.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide and water.

Acetyl CoA

A central molecule in metabolism, acting as a substrate for the citric acid cycle and involved in the synthesis and oxidation of fatty acids.