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What interest coverage ratio would be

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Reference no: EM132601225

Question 1: If you have Birr1000 and you plan to save it for 4 years with an interest rate of 10%, what is the future value of your savings?

A. Birr 1464.00

B. Birr 1000.00

C. Birr 1331.00

D. Cannot be determined.

Question 2: Earnings after Interest and Tax is Birr 20 crore, interest is Birr 4 crore, Income Tax is Birr 16 crore, Interest Coverage Ratio would be:

A. 10

B. 9

C. 7.5

D. 5

Reference no: EM132601225

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