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.
By stating that Italy is a democratic republic, the article solemnly declares the results of the constitutional referendum which took place on 2 June 1946. The State is not a hereditary property of the ruling monarch, but it is instead a Res Publica, belonging to everyone.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.