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ACC501 - Business Finance

Question(s) similar to the following:

What would be the level of EBIT if Imran Corporation uses both debt as well as equity financing in its capital structure, it has a cash coverage ratio of 7.5 times, annual interest expense is Rs.1 million and annual depreciation is Rs.3 million?

Question 1: What would be the level of EBIT if Imran Corporation uses both debt as well as equity financing in its capital structure, it has a cash coverage ratio of 7.5 times, annual interest expense is Rs.1 million and annual depreciation is Rs.3 million?

Rs. 2.5 million
Rs. 3 million
Rs. 3.5 million
Rs.4.5 million

Similar Questions:

Question 2: What would be the level of EBIT if Imran Corporation uses both debt as well as equity financing in its capital structure, it has a cash coverage ratio of 7.5 times, annual interest expense is Rs.1 million and annual depreciation is Rs.3 million?

Rs. 2.5 million
Rs. 3 million
Rs. 3.5 million
Rs.4.5 million
Quizzes of ACC501 - Business Finance
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