Change in the numerator of the cash coverage ratio

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EBIT goes from $30M to $33M; Depreciation goes from $10M to $12M; and interest expense goes from $6 M to $8M.

a. What is the percent change in the numerator of the cash coverage ratio?

b. What is the percent change in the denominator of the cash coverage ratio?

A. 13.33%; 12.50%

B. 12.50%; 33.33%

C. 8.45%; 15.38%

D. 13.33%; 33.33%

Reference no: EM131449005

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