8. A firm has profit before interest and taxes of 80,000, interest charges of 8,000, taxes of...

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8. A firm has profit before interest and taxes of 80,000, interest charges of 8,000, taxes of 30,000, total assets of 25,00,000 and total liabilities 23,00,000? What is its (i) return of equity, and (ii) interest coverage?

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