Please help PEV paper
Gill1980
Registered Posts: 5 New contributor 🐸
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
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
0
Comments
-
Hi Gill,
Try profit from operations divided by interest paid.
Hope this helps,
Rinske0 -
thats great it works!
thanks very much for your help
Gill0
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