Crowdly
Add to Chrome
Saga Innovations pays 12% interest on its outstanding debt, which amounts to R9...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Saga Innovations pays 12% interest on its outstanding debt, which amounts to R900 000. The company’s sales are R3 200 000, its tax rate is 40% and its net profit margin is 6%. What is the company’s time interest earned ratio?
0%
0%
0%
0%