Hypothetical Industries Ltd. (HIL) has submitted the following projections (lakh). You are required to determine yearly debt

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Hypothetical Industries Ltd. (HIL) has submitted the following projections (₹lakh). You are required to determine yearly debt service coverage ratio (DSCR) and the average DSCR and comment. image text in transcribed

The net profit (EAT) has been arrived at after charging depreciation of ₹20 lakh every year.

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Management Accounting Text Problems And Cases

ISBN: 9781259026683

6th Edition

Authors: M Y Khan, P K Jain

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Question Posted: Mar 02, 2024 02:00 AM

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Hypothetical Industries Ltd. (HIL) has submitted the following projections (lakh). You are required to determine yearly debt

Question:

Year 1 2 3 4 5 678 EAT 20 35 40 20 18 18 16 16 Interest on loan 19 17 15 12 29752 10 Repayment of term loan 11 18 18 18 18 8 8 8

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Management Accounting Text Problems And Cases

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