An analyst has gathered the following information for a company: Net income...

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Finance

An analyst has gathered the following information for a company:

Net income $1,000,000
Cash flow from operations (CFO) $600,000
Capital expenditures $250,000
Net new debt $200,000
Dividends paid $125,000
Share repurchases $175,000

The dividend coverage ratio for the company is closest to:

Question 21 options:

0.13x

0.30x

8.00x

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