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Calculate the following ratio- cash coverage ratio

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Reference no: EM132720029

Question - The following are some figures from Laura Sweet Company's 2020 financial statements: (in thousands)

Cash $213

AR 341

Inventory 327

Net PP&E 6,571

AP 250

Note Payable 1,474

Long-term Debt 2,386

Common Shares 1,200

Retained Earnings 2,336

Sales 4,184

COGS 2,664

Depreciation 570

Interest 535

Income Tax 77

Required - Calculate the following ratio- cash coverage ratio?

Reference no: EM132720029

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