Mathematics, 19.08.2021 21:30 Mordred4987

7.Victory airlines has a TAT ratio of 0.94 times (total assets turnover ratio); total depreciation of $2,106 and total assets of $93,840. Interest expense is $1,214 while the earnings before interest and taxes (EBIT) is 19 percent of sales. Calculate the cash coverage ratio and show all calculations.

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7.Victory airlines has a TAT ratio of 0.94 times (total assets turnover ratio); total depreciation o...