A company has $200 million as revenue Asset turnover 10 times Interest payable $1.5 million Interest cover ration 5 times What is the turn over on capital employed for the year?
A company has $200 million as revenue Asset turnover 10 times Interest payable $1.5 million Interest cover ration 5 times What is the turn over on capital employed for the year?
Chapter16: Financial Planning And Control
Section: Chapter Questions
Problem 4PROB
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A company has $200 million as revenue
Asset turnover 10 times
Interest payable $1.5 million
Interest cover ration 5 times
What is the turn over on capital employed for the year?
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