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    5. Calculate interest coverage ratio from the following: Net Profit after tax = 120000, tax rate = 50%

    Question

    Calculate interest coverage ratio from the following:

    Net Profit after tax = 120000, tax rate = 50%, long term debt @10% = 1500000
    A 2.6 Correct Answer Incorrect Answer
    B 2.2 Correct Answer Incorrect Answer
    C 2.4 Correct Answer Incorrect Answer
    D 2.5 Correct Answer Incorrect Answer

    Solution

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