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Cash coverage ratio for the year

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FVA Inc.'s net income for the most recent year was $15,285. The tax rate was 30 percent. The firm paid $3,816 in total interest expense and deducted $2,495 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16).)

Cash coverage ratio times.

Reference no: EM131624608

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