Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please calculate annual debt service coverage base

Please calculate annual Debt Service Coverage based on the following information (Please show work and...

80.2K

Verified Solution

Question

Finance

  1. Please calculate annual Debt Service Coverage based on the following information (Please show work and answer to 2 digits).
    1. EBITDA: $62,000.00
    2. Dividend: $10,000.00
    3. Line Of Credit Commitment: $560,000.00
    4. Interest Rate: 4%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

8 In some types of cactus the total number of spines is a heritable trait...

Finance
1.2K views

Photochronograph Corporation (PC) manufactures time series photographic equipment. It is currently at its target debt-equity ratio of...

Statistics
1.2K views

Since an instant replay system for tennis was introduced at a major​ tournament, men challenged 1441...

Accounting
1.2K views

Risk Assessment- Exercise #1 Social Konnections Inc. (SKI or the “Company”) is a global Internet company that...

Basic Math
1.2K views

A cereal manufacturer makes two different kinds of cereal Senior Citizen s Feast and Kids...

Basic Math
1.2K views

Solve the compound inequality. Graph the solution set and write it in interval notation.x <...

Algebra
1.2K views

Suppose that an obstetrician wants to know whether the proportion of children born on each...

Accounting
1.2K views

Blossom company expects to produce 1260000 units of product XX in 2022. monthly production is...

Accounting
1.2K views

Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods...

Accounting
1.2K views

Chart of accounts must be prepared in both computerized accounting systems and manual accounting system.Do...

Finance
1.2K views

1. Answer the following multiple choice question. Each 1 mark i.If Interest Rate Parity (IRP)...

Accounting
1.2K views

Saved Help Save & Exit Bates Company currently produces and sells 25,000 units of a...