Start learning →

With EBIT at Rs 9 lakh and interest at Rs 3 lakh, coverage is how many times?

A0.33 times
B3.0 times
C2.0 times
D6.0 times
Answer & Solution
Correct answer: B. 3.0 times
EBIT divided by interest, 9 over 3, gives 3.0 times.
Practise this question with Quill — CA Inter →

Keep practising Leverage (Finance)

Browse all Leverage (Finance) questions for CA Inter, or explore more Financial Management topics.

Start a Leverage (Finance) lesson →
Related questions