SOLUTION: Day Labor Company had depreciation expenses of $108,905, interest exp enses of $78,112, a tax rate of 30%, and an EBIT of $1,254,338 for the year ended June 30, 2011. What is the
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-> SOLUTION: Day Labor Company had depreciation expenses of $108,905, interest exp enses of $78,112, a tax rate of 30%, and an EBIT of $1,254,338 for the year ended June 30, 2011. What is the
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Question 837141: Day Labor Company had depreciation expenses of $108,905, interest exp enses of $78,112, a tax rate of 30%, and an EBIT of $1,254,338 for the year ended June 30, 2011. What is the cash coverage ratio for this company? Answer by anita0810(1) (Show Source):
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