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From the Following Information, Calculate Interest Coverage Ratio: Profit After Tax ₹1,70,000; Tax ₹30,000; Interest on Long-term Funds ₹50,000. - Accountancy

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प्रश्न

From the following information, calculate Interest Coverage Ratio: Profit after Tax ₹1,70,000; Tax ₹30,000; Interest on Long-term Funds ₹50,000.

योग
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उत्तर

Profit before Interest and Tax = Profit after Tax + Tax +Interest

= 1,70,000 + 30,000 + 50,000 = 2,50,000

Interest Coverage Ratio

= `"Net profit before Interest and Tax"/"Interest"`

`= 250000/50000 = 5  "times"`

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अध्याय 3: Accounting Ratios - Exercises [पृष्ठ ९८]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 3 Accounting Ratios
Exercises | Q 59 | पृष्ठ ९८
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