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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.
explain the role of communication in strategy implementation
The company is now aggressively working towards being the largest retail chain in the country and also being first in profitability. At the same time the company is exploring maki
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A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper
Yanni and Joanna need some investment advice. Joanna has sold $660,000 worth of WOW shares that she inherited late last financial year. She has $616,000 remaining after paying capi
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Contrasting strategic planning to strategic control Strategic planning is a more centralised planning approach, senior management tend to focus less on implementing specific c
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