A firm has net income of $28,740, depreciation of 6,170, taxes of $13,420, and interest paid of $2,605.What is the cash coverage ratio?
A)8.78
B)20.10
C)14.14
D)16.32
E)19.55

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The Answer of A firm has net income of $28,740, depreciation of 6,170, taxes of $13,420, and interest paid of $2,605.What is the cash coverage ratio?
A)8.78
B)20.10
C)14.14
D)16.32
E)19.55

A Firm Has Net Income of $28,740, Depreciation of 6,170