A firm has sales of $3,600, costs of $2,800, interest paid of $100, and depreciation of $400.The tax rate is 34%.What is the value of the cash coverage ratio?
A)2
B)4
C)6
D)8
E)10

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The Answer of A firm has sales of $3,600, costs of $2,800, interest paid of $100, and depreciation of $400.The tax rate is 34%.What is the value of the cash coverage ratio?
A)2
B)4
C)6
D)8
E)10

A Firm Has Sales of $3,600, Costs of $2,800, Interest