Consider the following income statement for Larry & Harry drug stores: Revenue - 90mmVariable costs- 48mmInterest on debt- 6mmDepreciation- 0 mm It’s tax rate is 25% and the book value of its...

Consider the following income statement for Larry & Harry drug stores: Revenue - 90mm Variable costs- 48mm Interest on debt- 6mm Depreciation- 0 mm It’s tax rate is 25% and the book value of its equity is 150mm. What is L&H’s coverage ratio? A) 0.18 B) 5.25 C) 6 D) 7 E) 8 F)15