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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.
Identify FIVE potential difficulties that might arise for an organisation following the introduction of a new system if support and training are inadequate. Inefficient operat
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