From the following information, calculate Interest Coverage Ratio:
Particulars | Amount (₹) |
Profit after Tax | 6,30,000 |
Tax Rate | 30% |
15% Debentures | 20,00,000 |
Equity Share Capital | 10,00,000 |
Marks-3, CBSE: 2024-25/Zone-4/Set-1/Q-33(a)
Answer :
From the following information, calculate Interest Coverage Ratio:
Particulars | Amount (₹) |
Profit after Tax | 6,30,000 |
Tax Rate | 30% |
15% Debentures | 20,00,000 |
Equity Share Capital | 10,00,000 |
Marks-3, CBSE: 2024-25/Zone-4/Set-1/Q-33(a)
Answer :
