Kizspy Question: 2
(Choose 1 answer)
FJOVERFLOW.Com
Sectors, Inc., has 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? Round your final answer to two decimal places.
A. 15.42 times
B. 18.34 times
C. 14.15 times
D. 11.80 times