Pop Evil, Inc.'s, net income for the most recent year was $10,104. The tax rate was 25 percent. The firm paid $3,405 in total interest expense and deducted $2,124 in depreciation expense. What was the cash coverage ratio for the year?

Assume you plan to start a new enterprise; you know the probability of having losses for the first three years of operations is almost 90 percent, and you know you will report a substantial amount of income from other sources during those same three years. from a tax perspective, which of the following entity choices would not allow you to offset the entity losses against your income from other sources? c corporation s corporation llc general partnership