What was the company cash coverage ratio for the year

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Reference no: EM131510292

Delectable Parsnip, Inc.’s, net income for the most recent year was $9,612. The tax rate was 40 percent. The firm paid $3,812 in total interest expense and deducted $5,223 in depreciation expense.

What was the company’s cash coverage ratio for the year?

Reference no: EM131510292

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