What is lincoln interest coverage ratio

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Reference no: EM133134996

Question - The following data is from the 2021 Income Statement of the Lincoln Manufacturing Company:

2021

Net Sales $3,210,645

Cost of Sales 2,310,210

Gross Profit 900,435

Operating Expenses 418,985

Interest Expense 42,400

Income Taxes 114,200

Net Income 324,850

Required -

1. What is Lincoln's interest coverage ratio for 2021?

2. In today's economic environment, which of the following would be an appropriate risk free rate (Rf) in the CAPM model?

Reference no: EM133134996

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