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प्रश्न
From the following information, calculate ‘Interest coverage Ratio’:
| Profit after interest and tax | ₹ 6,00,000 |
| 10% Debentures | ₹ 8,00,000 |
| Rate of Income Tax | 40% |
संख्यात्मक
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उत्तर
Interest coverage ratio = `"Profit after interest and tax"/"Interest on debenture"`
Interest on debenture = ₹ 8,00,000 × 10%
= ₹ 80,000
Profit before Interest and tax = `((₹ 6,00,000)/60xx10)+₹10,80,000`
Interest coverage ratio = `(₹10,80,000)/(80,000)`
= 13.5 Times
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