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.
It can involve oligarchy (by the mid-republic Rome had become an oligarchy). Athens had the oldest record of republican institutions (though the Greeks did not use the term republic) even before democracy because it had been ruled by nine archons.