Ziebart Corp.'s EBITDA last year was $390,000 (= EBIT + depreciation + amortization),its interest charges were $9,500,it had to repay $26,000 of long-term debt,and it had to make a payment of $17,400 under a long-term lease.The firm had no amortization charges.What was the EBITDA coverage ratio?
A)7.32
B)7.70
C)8.09
D)8.49

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The Answer of Ziebart Corp.'s EBITDA last year was $390,000 (= EBIT + depreciation + amortization),its interest charges were $9,500,it had to repay $26,000 of long-term debt,and it had to make a payment of $17,400 under a long-term lease.The firm had no amortization charges.What was the EBITDA coverage ratio?
A)7.32
B)7.70
C)8.09
D)8.49