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Willis Publishing has $30 billion in total assets.

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Willis Publishing has $30 billion in total assets. Its basic earning power (BEP) ration is;20 percent, and its times- interest earned ratio is 8.0. Willis' depreciation and;amortization expense totals $3.2 billion. It has $2 billion in lease payments, and;$1 billion must go toward principal payments on outstanding loans and long-term;debt. What is Willis's EBITDA coverage ratio?

 

Paper#32799 | Written in 18-Jul-2015

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