Blunderbuss Co is a listed company with 1 million $1 shares in issue and long term bank borrowings of $5 million. The bank interest rate in the most recent year was 8%, but this is expected to change to 10% fo the whole of next year.The company made an operating profit of $1.84 million last year.What will be the change in the interest cover of Blunderbuss CoNext year, on the assumption that operating profits will stay constant?
Blunderbuss Co is a listed company with 1 million $1 shares in issue and long term bank borrowings of $5 million. The bank interest rate in the most recent year was 8%, but this is expected to change to 10% fo the whole of next year.The company made an operating profit of $1.84 million last year.What will be the change in the interest cover of Blunderbuss CoNext year, on the assumption that operating profits will stay constant?
发布时间:2025-01-25 11:47:30