What was the company cash coverage ratio for year

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Reference no: EM131560304

Delectable Parsnip, Inc.’s, net income for the most recent year was $10,712. The tax rate was 30 percent. The firm paid $3,537 in total interest expense and deducted $5,773 in depreciation expense. What was the company’s cash coverage ratio for the year?

Reference no: EM131560304

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