The following amounts were taken from the financial statements of Cloudy Corporation: ...

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Accounting

The following amounts were taken from the financial statements of Cloudy Corporation:

2018 2017
Current liabilities $280,000 $220,000
Non-current liabilities 800,000 600,000
Interest expense 100,000 50,000
Income tax expense 120,000 58,000
Net Income 300,000 170,000
Net cash provided by operating activities 480,000 270,000

The cash total debt coverage ratio for 2018 is

a

0.5 times.

b

0.3 times.

d

0.4 times.

d

0.6 times.

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