Q. 160 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 160 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
From the following details calculate Interest Coverage Ratio:
Net Profit after Tax – ₹ 7,00,000
6% Debentures of ₹ 20,00,000
Tax Rate 30%
[Ans. 9.33 times.]
Solution:-
