Use the income and expense account information for Pepsico for 2017 listed below. What is the cash coverage ratio? Tax rate: 30% Interest expense: $6,590,000 Revenue: $910,500,000 Depreciation: $50,000,000 Selling, general, and administrative expense: $85,000,000 Cost of goods sold: $730,000,000 Group of answer choices 15.40 14.50 13.70 12.30 It is not possible to answer this question

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4: Preparing And Using Financial Statements
Section: Chapter Questions
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Use the income and expense account information for Pepsico for 2017 listed below. What is
the cash coverage ratio?
Tax rate: 30%
Interest expense: $6,590,000
Revenue: $910,500,000
Depreciation: $50,000,000
Selling, general, and administrative expense: $85,000,000
Cost of goods sold: $730,000,000
Group of answer choices 15.40 14.50 13.70 12.30 It is not possible to answer this question
Transcribed Image Text:Use the income and expense account information for Pepsico for 2017 listed below. What is the cash coverage ratio? Tax rate: 30% Interest expense: $6,590,000 Revenue: $910,500,000 Depreciation: $50,000,000 Selling, general, and administrative expense: $85,000,000 Cost of goods sold: $730,000,000 Group of answer choices 15.40 14.50 13.70 12.30 It is not possible to answer this question
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