Posted: May 27th, 2017
Laser Performance Inc. has the following information available (amount in thousands).
Laser Performance Inc. has the following information available (amount in thousands).
Net Income ,000
Average Total Liabilities 80,000
Average Current Liabilities 36,000
Cash Provided by Operations 48,000
Cash Sales 130,000
Capital Expenditures 22,000
Dividends Paid 6,000
What is the current cash debt coverage?
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