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Interim Economic Guidance for Water Quality Standards
Worksheet Y
Calculation of Beaver's Ratio
BR = CF ÷ TD
| Where: | BR | = | Beaver's Ratio |
| CF | = | Cash Flow | |
| TD | = | Total Debt |
| Cash Flow: | |||
| Net Income After Taxes | $________ | (1) | |
| Depreciation | $________ | (2) | |
| CF [Calculate: (1) + (2)] | $________ | (3) | |
| Total Debt: | |||
| Current Debt | $________ | (4) | |
| Long-Term Debt | $________ | (5) | |
| Total Debt | $________ | (6) | |
| Beaver's Ratio: | |||
| BR [(3) /(6)] | ________ | (7) |