For the year 2000, Young, Inc has cash $121, Accounts Receivables $425, Inventory $410, Net Fixed Assets $1,704, Total Assets $2,660, Accounts Payable $350, Notes Payable $370, Long-term Debt $550, Common Stock $580, Retained Earnings $810, Net Sales $1,384, Cost of Goods Sold $605, Depreciation $180, EBIT $599, Interest paid $80, Taxable Income $519, Taxes $156, Net Income $363, Addition to Retained Earnings $254, Dividends Paid $109. What is the cash coverage ratio for 2000? A) 5.2 B) 6.8  C) 8.7 D) 9.7

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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For the year 2000, Young, Inc has cash $121, Accounts Receivables $425, Inventory $410, Net Fixed Assets $1,704, Total Assets $2,660, Accounts Payable $350, Notes Payable $370, Long-term Debt $550, Common Stock $580, Retained Earnings $810, Net Sales $1,384, Cost of Goods Sold $605, Depreciation $180, EBIT $599, Interest paid $80, Taxable Income $519, Taxes $156, Net Income $363, Addition to Retained Earnings $254, Dividends Paid $109. What is the cash coverage ratio for 2000?

A) 5.2 B) 6.8  C) 8.7 D) 9.7

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