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Interest on Overdraft and PBIT

Mmansoor10y ago
is it standard practice to take into account interest charges related to overdrafts to find out PBIT? in other words, the INTEREST in PBIT means ALL INTEREST CHARGES. correct?
MikeLittleMikeLittleTutor10y ago#1
Correct
Mmansoor10y ago#2
cool. in financial ratio questions there is always more than one way of answering. wd it be possible if i reproduced a question and provided MY OWN ANSWER and perhaps u cd give pointers? since i am doing self study, i have no way to know if my thinking is correct or not. it will be just one question and if u agree with how i am thinking or agree with what i have written, that will be a confidence boost and dont worry, i wont hold to my exam result .. :)
MikeLittleMikeLittleTutor10y ago#3
Hi Mansoor I'm going to disappoint you, sadly. And I'm sorry :-( If I, or John, Gromit or Tax Tutor were to start offering that service that would likely be the end of OpenTuition! Have you ever thought about how much time we four, and also particularly Admin, individually put into the site and now you innocently (I'm sure) are asking if we can provide a marking / assessing service? I appreciate that you'll say "It's only me and it's only one question" but in fairness to all, how could I assess yours and yet turn others down. This is a bridge that I'm not prepared to cross and I hope that you can understand why. However, there is a ray of light! Within the course notes there's a question (Eldar and Aurelia?) with a full answer from me written out in the answers to examples section. Maybe that will help? Keep posting with your individual queries :-)
Mmansoor10y ago#4
i understand completely. and u guys r doing a fantastic job.
MikeLittleMikeLittleTutor10y ago#5
Thanks - keep posting your questions - I shall always answer those whilst I am able
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