To calculate interest coverage ratio; steps followed will be Net Profit after tax Rs. 60,000; 12% Long-term debt 20,00,000; and Tax rate 40%. (A)…
CUET UG 2025 — Accountancy Financial Statements
To calculate interest coverage ratio; steps followed will be
Net Profit after tax Rs. 60,000; 12% Long-term debt 20,00,000; and Tax rate 40%.
(A) Calculate Net Profit before tax
(B) Divide Net Profit before Interest and Tax by Interest on long-term debt
(C) Calculate Net profit before interest and tax
(D) Calculate Interest on Long-term Debt
Choose the correct answer from the options given below:
Held on 15 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (D), (C), (B)
- B
(A), (B), (C), (D)
- C
(B), (A), (D), (C)
- D
(C), (B), (D), (A)
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