Net profit before interest and Tax is Rs. 3,20,000 interest is Rs. 40,000. the interest coverage is
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Explanation:
Net profit = 3,20,000
interest and tax=40,000
interest coverage is = 40,000x100
=40,00,000÷3,20,000
=12.5%
so, the interest coverage is 12.5%
then the left profit is 2,80,000
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