Based on the Below Figures, What Is the Interest Cover

question 17

Multiple Choice

Based on the below figures, what is the interest cover ratio?
$\begin{array}{lr} & £ 000 \\\text { Sales } & 15,000 \\\text { Gross Profit } & 5,000 \\\text { Operating Profit } & 3,000 \\\text { Finance Expense } & 500 \\\text { Profit Before Taxation } & 2,500\end{array}$

• A) 3 times
• B) 5 times
• C) 6 times
• D) 10 times

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International Expansion

The process by which a business grows beyond its home country, entering new markets globally.

Employment Practices

Policies and practices related to the management of individuals in a workplace setting, including hiring, training, evaluating, and terminating employees.

North American Free Trade Agreement

A trade agreement between Canada, Mexico, and the United States aimed at reducing trade barriers and promoting economic integration.

General Agreement on Tariffs and Trade

An international treaty aimed at reducing trade barriers and promoting global economic trade.