Start learning 50% faster. Sign in now
Net Profit after Tax = Rs. 60,000 Tax Rate = 40% Net Profit before tax = Net profit after tax × 100/(100 – Tax rate) = Rs. 60,000 × 100/(100 – 40) = Rs. 1,00,000 Interest on Long-term Debt = 15% of Rs. 10,00,000 = Rs. 1,50,000 Net profit before interest and tax = Net profit before tax + Interest = Rs. 1,00,000 + Rs. 1,50,000 = Rs. 2,50,000 Interest Coverage Ratio = Net Profit before Interest and Tax/Interest on long-term debt = Rs. 2,50,000/Rs. 1,50,000 = 1.67 times.
Which regulatory body introduced the asset class under which Mutual Funds Lite (MF Lite) schemes would fall, offering greater flexibility to investors i...
Find the ODD one out from the given options.
Which organization oversees the Unified Recovery Interface (URI) aimed at improving banks' recovery processes?
What is the primary role of SECL's Post-Retirement Benefit (PRB) Cell?
What was the percentage decline in Indian companies' foreign borrowings in 2024?
Which state government has increased the upper age limit by five years for the government job aspirants from the year 2022?
What achievement did Aman Sehrawat accomplish at the Paris 2024 Olympics?
Which flying squirrel resurfaced in Arunachal Pradesh recently, and when was it last described?
PM Mitra Mega Textile Park will be set up in how many states?
The World Bank has approved a grant of _____ to set up an integrated road safety enforcement system in Shimla and Nurpur police districts and develop ...