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Q. Describe about Interest cover?
Interest cover = (Profit before interest and tax (PBIT)/ Interest payable) (no. of times)
Interest cover shows the safety of earnings, that shareholders look at. Interest cover looks at the proportion of profits that must be allocated to meeting interest charges. Interest payable is on long term finance.
Q. What do you mean by Trade payable days? Trade payable days (turnover) {Yearend trade payables / Credit purchases (or cost of sales)} x 365 days This is the length
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1. Encourage open communication among team members to support team development 2. Demonstrate ways of resolving conflict among team members
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