Use the following information for Cronos Group, Inc. (CRON): EBIT / Revenue 25.50% Government Tax Rate 42.50% Revenue / Assets 1.95 times Current Ratio 3.15 times EBT / EBIT 0.80 times Assets / Equity 2.00 times   Its interest coverage ratio is closest to:   A. 2.50. B. 5.00. C. 7.15. D. 9.25.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Use the following information for Cronos Group, Inc. (CRON):

EBIT / Revenue 25.50%
Government Tax Rate 42.50%
Revenue / Assets 1.95 times
Current Ratio 3.15 times
EBT / EBIT 0.80 times
Assets / Equity 2.00 times

 

Its interest coverage ratio is closest to:


 

A.

2.50.

B.

5.00.

C.

7.15.

D.

9.25.

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