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Please help PEV paper

Gill1980Gill1980 Just JoinedRegistered Posts: 5
hi
I am doing a past exam paper and it has asked me to calculate the Interest Cover?
Does anyone know how to do this? I cant find it anywhere and doesnt tell you in the answer.

Thanks Gill

Comments

  • RinskeRinske Font Of All Knowledge Registered Posts: 2,453
    Hi Gill,
    Try profit from operations divided by interest paid.

    Hope this helps,
    Rinske
  • Gill1980Gill1980 Just Joined Registered Posts: 5
    thats great it works!
    thanks very much for your help
    Gill
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