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stranahan stranahan
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7 years ago
Which of the statements below is FALSE?
A) The cash coverage ratio is EBIT plus depreciation divided by interest expense.
B) The debt ratio basically tells us the amount in debt for every dollar of assets.
C) Times interest earned equals EBIT divided by interest expense.
D) The times interest earned ratio tells us the number of times a company has resorted to debt financing over the year.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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macawmatanemacawmatane
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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