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A firm has net income before interest and taxes of $643,000 and interest expense of $75,000.

If the firm's lease payments are $81,000, what is the fixed charge coverage?
(round answer to 1 decimal place. Example 8.3)

2007-01-29 14:21:06 · 2 answers · asked by bob d 1 in Business & Finance Other - Business & Finance

2 answers

If you need help w/ your homework, go on mathnerds.com and type in your question and they will e-mail you the answer and show you how they came up with it.

2007-01-29 14:39:11 · answer #1 · answered by ceci_*220* 2 · 0 0

I hope you die in your class.

2007-01-29 22:26:27 · answer #2 · answered by Fabulous Weapon 2 · 0 0

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