Calculate the pharoah cash debt coverage

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Question - Pharoah Company reports the following information:

Net cash provided by operating activities $400,000

Average current liabilities 140000

Average long-term liabilities 110000

Dividends declared 65000

Capital expenditures 107000

Payments of debt 35000

Calculate the Pharoah's cash debt coverage?

A 3.74.

B 2.86.

C 3.64.

D 1.60.

Reference no: EM132350132

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