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.
Immediately after the World War II, monarchy was eliminated from mainland Italy in place of the famous referendum. On June 2, 1946, Italy was proclaimed a Democratic Republic together with its new constitution. In this type of government, Italy works with a bicameral administration. The executive works according to the Council of Minister, which is led by the Italyâs president.