5:14 PM AGY A la 43 Accounting for Managers... C CTC OTOTECTOOTCUT OTTOTETIT resources 5 Lower the Debt Equity ratio 6 7 The following data applies to a firm: Interest charges Rs.50,000 Sales Rs.300,000 Tax rate 25 percent Net profit margin 3 percent What is the firm's Interest coverage ratio? 8 The financial ratios of a firm are as follows. Current ratio = 1.6 Quick ratio = 1.2 Current liabilities = 2,000,000 Inventory turnover ratio = 5 Assume that the company does not have any Short term borrowings nor any prepaid expenses. What is the sales of the firm? 9 Following is the extract of the Balance Sheet for NM Ltd. Equity capital Rs.100,000,000 Reserves and surplus 65,000,000 Long-term debt 140.000.000 Add Questions Details