Question
From the following details, calculate interest coverage
ratio: Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%Solution
Net Profit after Tax = Rs. 60,000 Tax Rate = 40% Net Profit before tax = Net profit after tax × 100/(100 – Tax rate) = Rs. 60,000 × 100/(100 – 40) = Rs. 1,00,000 Interest on Long-term Debt = 15% of Rs. 10,00,000 = Rs. 1,50,000 Net profit before interest and tax = Net profit before tax + Interest = Rs. 1,00,000 + Rs. 1,50,000 = Rs. 2,50,000 Interest Coverage Ratio = Net Profit before Interest and Tax/Interest on long-term debt = Rs. 2,50,000/Rs. 1,50,000 = 1.67 times.
Read the given sentence to find out whether there are any grammatical/ contextual errors in them. The errors, if any, will be in two of the parts of th...
- Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the...
Read the following sentence carefully and identify if there is any grammatical error in it. If you find any error, choose the part (A, B, C, or D) cont...
As soon as the TV set (A) / was installed, the quiet (B) / stillness that had existed in (C) / my aunt’s house had vanished. (D) / No Error (E)
The amount of data stored (A)/were so vast that (B)/even if we put a number on it, (C)/it would be beyond our comprehension (D).
Each question in this portion has a sentence with three parts (a), (b) and (c). Read each sentence to find out whether there is any error in a...
Directions: The following sentences are divided into parts. Identify if there is any error in any of the parts. If there is an error, choose the letter...
Were I the President(A)/ I would award(B)/ you a title.(C)/ No error(D)
Identify the segment that contains a grammatical error. If there is no error, select 'No error'.
Einstein was an unusual child with no indication...
Identify the segment in the sentence, which contains the grammatical error.
Each student will have to carry his own lunch on the picnic.
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