Question
The financial statements of TVS Motors report the following information (all values are in millions). Revenue: Rs. 112246, PBDIT: Rs. 8020, PBIT: Rs. 6100 and
The financial statements of TVS Motors report the following information (all values are in millions). Revenue: Rs. 112246, PBDIT: Rs. 8020, PBIT: Rs. 6100 and PBT: Rs. 5650. Shareholders Fund: Rs. 19368, Non-current liabilities: Rs. 9240, and Current liabilities: Rs. 18850. The Financial Leverage is equal to:
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Accounting Information Systems
Authors: George H Bodnar, William S Hopwood
10th Edition
013609712X, 978-0136097129
