Start learning 50% faster. Sign in now
Interest Coverage Ratio = EBIT/ Interest Interest = 15% of 10,00,000 = 150,000 To calculate EBIT, we back calculate to add back tax and interest to net profit after tax as follows: Net profit after tax = PBT – Tax So, 60,000 = PBT – 40%*PBT PBT = 60000/0.6 = 100000 EBIT – Interest = PBT So, EBIT = PBT +Int = 1,00,000+1,50,000 = 2,50,000 So, Interest Coverage Ratio = 250,000/150,000 = 1.67
Louise Fletcher recently died.She was a?
The Nobel Prize in Literature 2022 was awarded to which author.
Union Minister for Education and Skill Development Dharmendra Pradhan launched NEAT 3.0, a single platform to provide the best-developed ed-tech solutio...
‘ Freedom in Exile ’ is the autobiography of :
Who among the following people wrote a book named "Kitab al-Tafhim"?
Who is the author of the epic Persian poem 'Shah Namah'?
Identify the novel authored by R. K. Narayan that revolves around the Indian independence movement.
Who has written the book “Pride and Prejudice”?
Recently the 2023 Breakthrough Prize in mathematics category has been awarded to?
What is the name of authorised biography of Nelson Mandela?