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Please show steps for the two problems and the formulas used. Zoom in if needed. Thanks in advance! A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firms charged coverage? 2. 3. Assuming a tax rate of 40%, the after tax cost of a $200,000 dividend payment is?

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  1. A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm’s charged coverage?
  1. Assuming a tax rate of 40%, the after tax cost of a $200,000 dividend payment is?
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