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.
With article 48 of the Constitution, which guarantees the right to vote, the people exercise their power through their elected representatives in the Parliament. The Italian legislative branch has rights to declare war with a majority vote.The Parliament has a bicameral system, and consists of the Chamber of deputies and the Senate, elected every five years. The Chamber of deputies is elected by direct and universal suffrage by voters who are eighteen.he Constitution establishes the Government of Italy as composed of the Prime Minister (President of the Council) and Ministers. The President of Italy appoints the Prime Minister and, on his proposal, the Ministers that form its cabinet.