12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Net Profit after Interest and Tax 1,20,000
    Rate of Income Tax 50%
    10% Debentures ?
    Interest coverage ratio 3 times
    Interest on 10% debenture will be:

    A) 1,20,000

    B) 1,00,000

    C) 1,40,000

    D) 80,000

    Correct Answer: A

    Solution :

    1,20,000


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