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As the financial vice president for Squamish Equipment, you have the following information:

As the financial vice president for Squamish Equipment, you have the following information: 


    

  

Calculate Squamish's times burden covered ratio for the next year assuming annual sinking fund payments on the new debt will equal $8 million.

1.01

1.08

1.38

1.49

1.95

None of the above.

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