Question
From the following details, calculate interest
coverage ratio: Net Profit after tax Rs. 60,000 Long-term debt of Rs.1,000,000 at 10% interest rate Tax rate 40%ĀSolution
It is a ratio which deals with the servicing of interest on loan. It is a measure of security of interest payable on long-term debts Net profit before tax = 60,000/(1-0.4) = 100,000 Annual interest on the debt = 1,000,000 x 10% =100,000 Net profit before interest and tax = 100,000+100,000= 200,000 Interest Coverage Ratio = Net profit before interest and tax / Interest on long-term debt =200,000/100,000=2Ā
Which of the following irrigation efficiencies indicates the proportion of applied water that is stored in the root zone of crops?
Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R
Assertion A: Sulphuric acid can be used to a...
The physiological disorder ā Hen and Chickenā is likely to affect which crop?
AmongĀ the following fertilizers used in soil application ,Which fertilizer is known as āstarter fertilizerā?
The Centre has announced a 47-member committee under __________ to prepare the national cooperation policy with the objective to promote cooperative-bas...
The 12th edition of Ex Ekuverin a bilateral joint military exercise between Indian army and Maldives National ForceĀ Commenced at________
According to Leagans (1961), what is the main aim of extension education?
Oxygen is transported in the insect body mainly through which of the following systems?
In PMFBY, the threshold yield is calculated by multiplying average yield with ___
In the Union Budget 2023ā24, Smt. Nirmala Sitharaman, the Union Finance Minister, introduced a new innovative programme called the Amrit Darohar Schem...
Relevant for Exams:
