User Account

All Pages

Cash coverage ratio for the year

Assignment Help Finance Basics
Reference no: EM131624608

FVA Inc.'s net income for the most recent year was $15,285. The tax rate was 30 percent. The firm paid $3,816 in total interest expense and deducted $2,495 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16).)

Cash coverage ratio times.

Reference no: EM131624608

Questions Cloud

Emerging technology and innovation : From help of company data records in data mining and machine learning determine and predict from their behavior that which customer will leave their services.
What is the return on equity for firm a and firm b : Firm A and Firm B have debt / total asset ratios of 30 percent and 20 percent and return on total assets of 8 percent and 14 percent, respectively.
Define the piggly wiggly hardware store : Farmer Bob visits the Piggly Wiggly Hardware Store to buy some rope. He intends to tie the rope around some boulders in his fields and drag them near his barn
Describe the change control process : Describe the various kinds of documentation that will be required to support the future system operation, including both user and technical documentation.
Cash coverage ratio for the year : The firm paid $3,816 in total interest expense and deducted $2,495 in depreciation expense. What was the cash coverage ratio for the year?
Determine the amount of annual dividends hydro-electric : Determine the amount of annual dividends Hydro-Electric can be expected to pay over the years 2016 to 2020.
Credit value adjustment methodology : Do you think the new Credit Value Adjustment (CVA) methodology is the most appropriate approach to assess the CCR related to over-the-counter transaction?
What is your effective annual rate : Therefore, your monthly installment payment will be $933.33 ($1,200/12+$833.33). What is your effective annual rate?
What would you do differently now during the design : Share any new ideas, approaches, or tactics from creating your new business proposal and the project management plan to implement the proposal.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd