Das Co. Ltd., EBIT for the year 15 lakh interest @ 12.5% loan capital of 40 lakh and 13.75% loan capital of 30 lakh and soft loan interest @ 5.50% against loan capital of 75 lakh. Company's EBT as % to EBIT is:

CS Executive · Financial and Strategic Management · PYQS · December 2021
Das Co. Ltd., EBIT for the year 15 lakh interest @ 12.5% loan capital of 40 lakh and 13.75% loan capital of 30 lakh and soft loan interest @ 5.50% against loan capital of 75 lakh. Company's EBT as % to EBIT is:
(A) 11.67%
(B) 11.33%
(C) 11.37%
(D) 11.55%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Management

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