P4 ACCA Workbook Q & A - Mapit
P4 ACCA Questions & Solutions www.mapitaccountancy.com! Interest Cover X1 X2 X3 PBIT 500 500 300 Interest 100 150 220 Interest Cover (PBIT / Interest) (500 / 100) = 5 times (500 / 150) = 3.33 times (300 / 220) = 1.36 times Interest coverage in year X1 is 5 times. Without industry averages or prior year data we are unable to ... ................
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