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Author Question: Cascade Supply Company reported Interest expense of $8,500, Income tax expense of $26,400 and Net ... (Read 591 times)

imowrer

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Cascade Supply Company reported Interest expense of $8,500, Income tax expense of $26,400 and Net income of $110,000. Cascade's interest coverage ratio is: (Round your final answer to three decimal places.)
◦ 17.047
◦ 16.047
◦ 0.062
◦ 0.059


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Marked as best answer by imowrer on Feb 18, 2020

abctaiwan

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