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.
Italy is a parliamentary republic with a perfect bicameral system. The President of the Republic is the Head of State and represents national unityâ. Presiding over the Government is the Prime Minister, who is the Head of Government. The Prime Minister is appointed and then presents himself before the Parliament in order to obtain its vote of confidence.