Example of Debt Coverage Ratio Formula. An example of the debt coverage ratio would be a company that shows on its income statement an operating income of $200,000. The debt payments for the same period is $35,000. By dividing the $200,000 by $35,000, the company would show a debt coverage ratio of 5.71.
Italy has a parliamentary democratic republic form of government with a multiparty system. There are three branches of power: the executive, the legislative and the judiciary branch.
The Italian presidency is based on a Parliamentary republic system, where both a president and a prime minister are active participants in administration of the state, but where the de facto the prime minister holds the majority of power, while the president remains the nominal head of state.