Laser Performance Inc. has the following information available (amount in thousands). $$\begin{array} { l r }
\text { Net Income } & \$ 30,000 \
\text { Average Total Liabilities } & 80,000 \
\text { Average Current Liabilities } & 36,000 \
\text { Cash Provided by Operations } & 48,000 \
\text { Cash Sales } & 130,000 \
\text { Capital Expenditures } & 22,000 \
\text { Dividends Paid } & 6,000
\end{array}$$ What is the cash debt coverage?
A) .375 times.
B) 1.33 times.
C) .600 times.
D) 1.625 times.

Question

Laser Performance Inc. has the following information available (amount in thousands). $$\begin{array} { l r } 
\text { Net Income } & \$ 30,000 \
\text { Average Total Liabilities } & 80,000 \
\text { Average Current Liabilities } & 36,000 \
\text { Cash Provided by Operations } & 48,000 \
\text { Cash Sales } & 130,000 \
\text { Capital Expenditures } & 22,000 \
\text { Dividends Paid } & 6,000
\end{array}$$ What is the cash debt coverage?
A) .375 times.
B) 1.33 times.
C) .600 times.
D) 1.625 times.

Quizplus · Accepted Answer

The Answer of Laser Performance Inc. has the following information available (amount in thousands). $$\begin{array} { l r } 
\text { Net Income } & \$ 30,000 \
\text { Average Total Liabilities } & 80,000 \
\text { Average Current Liabilities } & 36,000 \
\text { Cash Provided by Operations } & 48,000 \
\text { Cash Sales } & 130,000 \
\text { Capital Expenditures } & 22,000 \
\text { Dividends Paid } & 6,000
\end{array}$$ What is the cash debt coverage?
A) .375 times.
B) 1.33 times.
C) .600 times.
D) 1.625 times.

Laser Performance Inc What Is the Cash Debt Coverage? A)

Laser Performance Inc What Is the Cash Debt Coverage?
A)