An analyst gathers the following financial data about a company (in $ millions):
Operating income: 120
Net income: 85
Interest expense: 15
Depreciation and amortization: 15
The interest coverage ratio using EBIT is closest to:
Exam-Like
A
7x.
B
8x.
C
9x.
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An analyst gathers the following financial data about a company (in $ millions):
Operating income: 120
Net income: 85
Interest expense: 15
Depreciation and amortization: 15
The interest coverage ratio using EBIT is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
