help!! Lever Age pays an 8% rate of interest on $10.60 million of outstanding...
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Lever Age pays an 8% rate of interest on $10.60 million of outstanding debt with face value $10.6 million. The firms EBIT was $1.6 million.
Note: Round your answer to 2 decimal places.
- If depreciation is $260,000, what is its cash coverage ratio?
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