The amount of term loan (TL) installment is 10,00,000/ per month, monthly average interest on TL is

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The amount of term loan (TL) installment is ₹10,00,000/ per month, monthly average interest on TL is ₹50,000. If tax rate is 50% and PAT is ₹2,70,000 per month, what would be the interest coverage ratio?

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 18, 2023 11:14 AM

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The amount of term loan (TL) installment is 10,00,000/ per month, monthly average interest on TL is

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Financial Accounting

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