Calculate the cash coverage ratio

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KLM Inc. depreciates assets using straight line depreciation. Total depreciation is $2,106 on total assets of $93,840 for last year. Total Asset Turnover ratio is 0.94 Times. EBIT (earnings before interest and taxes) is 19% of sales. Interest charge is $1,214. Calculate the "Cash Coverage Ratio"

Reference no: EM132602334

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