Extracts from the financial statements of Fred for the year ended 30 June 2020 are shown...
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Extracts from the financial statements of Fred for the year ended 30 June 2020 are shown below: £'000 Revenue 475 Cost of sales (342) Gross profit 133 Expenses (59) Finance cost (26) Profit before tax 48 What was the interest cover ratio for the year ended 30 June 2020? 1.85 0.35 2.85 5.12 Extracts from the financial statements of Fred for the year ended 30 June 2020 are shown below: £'000 Revenue 475 Cost of sales (342) Gross profit 133 Expenses (59) Finance cost (26) Profit before tax 48 What was the interest cover ratio for the year ended 30 June 2020? 1.85 0.35 2.85 5.12
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