Re: ::: vuaskari.com ::: ACC501

Times Interest Earned = Net Profit before Tax & Interest / Interest

On Fri, Oct 28, 2011 at 12:55 AM, mc110403814 Intikhab Alam <mc110403814@vu.edu.pk> wrote:

what is the formula to calculate earning beore interest and taxes?

On Thu, Oct 27, 2011 at 7:52 PM, mc110402344 Haroon Iqbal <mc110402344@vu.edu.pk> wrote:

See note 32 of Financial Statements of CTM

    Interest = Interest on (Long Term Finance + Short Term Finance + WPPF )

    Interest =  125,111 + 404,280 + 206

    Interest =   529,597

On Thu, Oct 27, 2011 at 2:20 PM, mc110403828 Arooj Zameer Ghouri <mc110403828@vu.edu.pk> wrote:

hellooooo friends....

If Any one is Done with ACC501 assignment Question 1.....Kindly Guid me 

As Interest coverage ratio = Earning before interest and taxes / Interest 
we have Earning before interest and taxes in 2010  From CRESENT Mills Balance Sheet but we dnt have Interest in 2010..... so how we will calculate this?

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