A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm’s fixed charge coverage? A. 5.00x B. 4.00x C. 3.33x D. 2.40x

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A firm has operating profit of $200,000 after deducting lease
payments of $40,000. Interest expense is $60,000. What is the firm’s fixed charge coverage?
A. 5.00x
B. 4.00x
C. 3.33x
D. 2.40x
 
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The post A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm’s fixed charge coverage? A. 5.00x B. 4.00x C. 3.33x D. 2.40x appeared first on Superb Professors.

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