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Ziebart Corp

Question 56

Multiple Choice

Ziebart Corp.'s EBITDA last year was $390, 000 ( = EBIT + depreciation + amortization) , its interest charges were $9, 500, it had to repay $26, 000 of long-term debt, and it had to make a payment of $17, 400 under a long-term lease.The firm had no amortization charges.What was the EBITDA coverage ratio?


A) 7.32
B) 7.70
C) 8.09
D) 8.49
E) 8.92

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