From the following information, Calculate Interest Coverage Ratio 10,000 Equity Shares of ₹ 10 each ₹ 1,00,000
From the following information, Calculate Interest Coverage Ratio:
[Hint: Profit before Interest and Tax is ₹ 94,000 (i.e., ₹ 75,000 + ₹ 9,000 + ₹ 5,000 + ₹ 5,000).]
| ₹ | |
| 10,000 Equity Shares of ₹ 10 each | 1,00,000 |
| 8% Preference Shares | 70,000 |
| 10% Debentures | 50,000 |
| Long-term Loans from Bank | 50,000 |
| Interest on Long-term Loans from Bank | 5,000 |
| Profit after Tax | 75,000 |
| Tax | 9,000 |
Anurag Pathak Changed status to publish March 12, 2024
