From the following information, Calculate Interest Coverage Ratio: Net Profit after interest and tax ₹ 1,20,000
From the following information, Calculate Interest Coverage Ratio:
Net Profit after interest and tax ₹ 1,20,000; Rate of Income tax; 40%; 15% Debentures ₹ 1,00,000; 12% Mortgage Loan ₹ 1,00,000.
[Ans.: Interest Coverage Ratio = 8.41 Times.]
Anurag Pathak Changed status to publish August 14, 2023
