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calculate interest cover and roce from following
interest accrual-1.2m has been omitted from below extract
profit from operations-12500
finance cost-(4300)
profit after tax-8200
capital employed-34.2mHi,
I’ll happily help you if you are stuck but you’ve not even shown an attempt at the question. If you try to solve it ans show me the answer then I’ll gladly help you out.
To get you started, interest cover is profit from operations (PBIT) divided by finance costs and ROCE is profit from operations divided by capital employed.
Have an attempt, show me how you’ve done and then I can help you out.
Thanks
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