Series 79 Practice Test 8

10 free Series 79 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

Series 79 Practice Test 8Tutor mode

Question 1 of 10

Collection, Analysis and Evaluation of Data

Eastgate Cinemas reports EBITDA of $200 million after $40 million of rent expense, and interest expense of $20 million. It then completes a sale-leaseback of its owned theaters: rent rises by $20 million a year, and the proceeds repay debt, cutting interest expense by $10 million. What is its pro forma EBITDAR-to-fixed-charges (interest plus rent) coverage?