Coverage Ratios: Sectors Ltd Has an EBIT of $7,221,643 and Interest

question 27

Multiple Choice

Coverage ratios: Sectors Ltd has an EBIT of $7,221,643 and interest expense of $611,800. Its depreciation for the year is $1,434,500. What is its cash coverage ratio?

• A) 15.42 times
• B) 18.34 times
• C) 14.15 times
• D) None of the above

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Family And Medical Leave Act

A United States labor law that provides employees with unpaid, job-protected leave for certain family and medical reasons, with continuation of group health insurance coverage.

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Single By Choice

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