From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
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.
Electoral college consists of__________
The legal guardian of a Muslim minor female is:
As per the provisions of the IRDA Act with respect to the tenure of office of the chairperson and other persons, no person shall hold office as a Chairp...
The term 'a Cheque in the electronic form' is defined in Negotiable Instruments Act 1881 under:
A mortgages a piece of land to B and later on builds a house thereon, which of the following conditions is applicable?
Which of the following is true about interest of unborn in transfer of property?
Under which section of the Indian Evidence Act the principle of "Res Gestae" is given:
Facts in issue means
A declaration made under Chapter 6 of Specific Relief Act 1963, is binding on:
The genitive case oi the relative “who “is