Question

Earnings after tax is Rs 1230000 income tax rate is 38.5% ,interest is Rs 400000. Find out EBIT

Answer 1

Answer:

20,04,000

Explanation:

If profit after tax is 61.5 so profit before tax is 100

If profit after tax is 1230000 so profit before tax is 1230000×100/61.5=2000000+ interest 4000=2004000

EBIT=20,04,000

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