Delectable Parsnip, Inc.s, net income for the most recent year was $10,512. The tax rate...
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Delectable Parsnip, Inc.s, net income for the most recent year was $10,512. The tax rate was 34 percent. The firm paid $3,587 in total interest expense and deducted $5,673 in depreciation expense. What was the companys cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Cash coverage ratio times
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