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.
Because political power in Rome was concentrated in the hands of wealthy aristocrats, the Roman Republic is best described as an elected oligarchy. The government of the Roman Republic comprised three elements: a system of magistrates, a Senate, and a number of popular assemblies. The executive office was held by two annually elected consuls who served as chief magistrates and held imperium (absolute power).