Accountancy, asked by sahilsethi2003, 8 months ago

Interest Coverage Ratio shows the amount of profit available to cover the interest true or false
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Answers

Answered by vishalakshigoud9
0

Answer:

Understanding the Interest Coverage Ratio

The interest coverage ratio measures how many times a company can cover its current interest payment with its available earnings. In other words, it measures the margin of safety a company has for paying interest on its debt during a given period.

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