When Nancy's aunt left for her annual Christmas vacation, she left Nancy in charge of her coffee shop. During this time, there w
1 answer:
You might be interested in
Cash Coverage ratio indicates if a firm has enough cash to pay of its interest expenses. The ideal ratio to be maintained by a firm is 1:1. This can be given by the following formula:
Cash Coverage Ratio=
Cash Coverage Ratio=
Cash Coverage Ratio=28.38
Assumption: Cost includes Depreciation, thus depreciation is added back, To find Cash Profits before Interest and Taxes.