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Question
Sam’s Pest Control Products has the following information available.
Net Income $15,000
Average Total Liabilities 40,000
Average Current Liabilities 18,000
Cash Provided by Operations 24,000
Cash Sales 65,000
Capital Expenditures 11,000
Dividends Paid 3,000
what is the current cash debt coverage ratio?
a.1.333 times
b..600 times
c..833 times
d..369 times
Answer
This answer is hidden. It contains 1 characters.
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