Day labor company had depreciation expenses of 108905, Ask an Expert

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Day Labor Company had depreciation expenses of $108,905, interest expenses of $78,112, a tax rate of 30%, and an EBIT of $1,254,338 for the year ended June 30, 2011. What is the cash coverage ratio for this company? Round Answer to Nearest Tenth

a.10.3 times

b. 19.3 times

c. 17.5 times

d. 9.1 times

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