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What is the debt coverage ratio

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Reference no: EM133145574

Question - The Income Statement for my property for 2020 shows the following:

Revenues = $1 million

Operating Expenses = $650,000

Depreciation Expense = $25,000

Interest Expense = $250,000

Principal Payments = $41,667

What is the Debt Coverage Ratio for 2020?

Reference no: EM133145574

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