Question 25 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question 25 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

25. From the following details, from the financial statements of Kiya Ltd for the year ended 31st March 2022. Calculate interest coverage ratio.

Net profit after tax 18,00,000
1,20,000, 10% debentures of 1,000 each.
Tax rate 40%

The solution of Question 25 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

If profit after tax is 60, the profit before tax is 100.

If profit after tax is 1,80,000, the profit before tax is Interest 18,00,000 x 100/(60 ) = 30,00,000

Thanks, Please Like and share with your friends  

Comment if you have any Doubts.

Accounting Ratios – Meaning and Definition

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations
• Chapter No. 2 – Partnership Accounts – I (Introduction)
• Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
• Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
• Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
• Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
• Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

• Chapter No. 1 – Company Accounts (Share Capital)
• Chapter No. 2 – Company Accounts (Issue of Debentures)
• Chapter No. 3 – Company Accounts (Redemption of Debentures)
• Chapter No. 4 – Financial Statements of a Company
• Chapter No. 5 – Financial Statement Analysis
• Chapter No. 6 –  Tools of Financial Statement Analysis- Comparative and Common Size  
• Chapter No. 7 – Ratio Analysis
• Chapter No. 8 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication