Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the correct answer Profit after interest & tax=250000, Income tax=20000, Interest=30000. What will be interest coverage ratio? Select one: O a. 20 O b.

image text in transcribed

Choose the correct answer

Profit after interest & tax=250000, Income tax=20000, Interest=30000. What will be interest coverage ratio? Select one: O a. 20 O b. 10 O 0.5 O d. 15 Profit=20000, PV ratio=50%. Calculate margin of safety Select one: a. 30000 b. 40000 C. 20000 O d. 10000 Profitability ratio includes: Select one: a. Operating profit ratio O b. Net profit ratio c. Gross profit ratio O d. All

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Libby, Short

6th Edition

978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881

More Books

Students also viewed these Accounting questions

Question

Describe the use of tests in the selection process.

Answered: 1 week ago

Question

Explain pre-employment screening and background checks.

Answered: 1 week ago