Use the income and expense account information for Pepsico for 2017 listed below. What is the cash coverage ratio? Tax rate: 30% Interest expense: $6,590,000 Revenue: $910,500,000 Depreciation: $50,000,000 Selling, general, and administrative expense: $85,000,000 Cost of goods sold: $730,000,000 Group of answer choices 15.40 14.50 13.70 12.30 It is not possible to answer this question
Use the income and expense account information for Pepsico for 2017 listed below. What is the cash coverage ratio? Tax rate: 30% Interest expense: $6,590,000 Revenue: $910,500,000 Depreciation: $50,000,000 Selling, general, and administrative expense: $85,000,000 Cost of goods sold: $730,000,000 Group of answer choices 15.40 14.50 13.70 12.30 It is not possible to answer this question
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
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Use the income and expense account information for Pepsico for 2017 listed below. What is
the cash coverage ratio?
Tax rate: 30%
Interest expense: $6,590,000
Revenue: $910,500,000
Depreciation: $50,000,000
Selling, general, and administrative expense: $85,000,000
Cost of goods sold: $730,000,000
Group of answer choices 15.40 14.50 13.70 12.30 It is not possible to answer this question
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