If Moon Corporation has depreciation or amortization expense,which of the following is TRUE?
A) Its EBITDA/Interest Coverage ratio will be greater than its EBIT/Interest Coverage ratio.
B) Its EBITDA/Interest Coverage ratio will be less than its EBIT/Interest Coverage ratio.
C) Its EBITDA/Interest Coverage ratio will be equal to its EBIT/Interest Coverage ratio.
D) Not enough information to answer the question.
Correct Answer:
Verified
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