hard · Private Credit & Debt
Calculate the Fixed Charge Coverage Ratio (FCCR) for Apex Manufacturing using the following data: EBITDA = $40,000,000, Cash Taxes =$8,000,000, Maintenance Capex = $4,000,000, Interest Expense =$12,000,000, and Mandatory Amortization = $2,000,000.
- 3.33x
- 2.33x
- 2.80x
- 2.00x
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