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New words:
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Removed:
acceptable, accrual, adjustment, amex, assured, Cohn, connection, consolidated, consulting, declined, Department, dod, ending, entity, essential, exchanged, expanded, fighter, fourth, Hog, impair, investor, making, marketing, member, nickname, official, pursuing, refinance, renegotiated, renegotiation, repayment, Republic, requisite, sector, service, simply, size, standard, undiscounted, Warthog, week, weekly, weight
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Exhibit 12.1
CPI AEROSTRUCTURES, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the year ended December 31, | ||||||||
2012 | 2011 | 2010 | 2009 | 2008 | ||||
Pretax income | 16,525,130 | 10,538,928 | 542,896 | 5,861,007 | 3,853,613 | |||
Fixed Charges: | ||||||||
Interest Expense | 783,373 | 343,491 | 158,406 | 252,961 | 31,847 | |||
Total earnings | 17,308,503 | 10,882,419 | 701,302 | 6,113,968 | 3,885,460 | |||
Ratio of earnings to | ||||||||
fixed charges | 22.09 | 31.68 | 4.43 | 24.17 | 122.00 |