Question 69
Read the following table and answer question that follow:-
What is the approximate ratio of Interest and Depreciation expenses for the company A and those of company X for both the years combined?
Solution
Interest and Depreciation expenses for the company A both the years combined = 62.4+62.4+40.8+38.6 = 204.2
Interest and Depreciation expenses for the company X both the years combined = 13.4 +13.2 + 9.6 +13 = 49.2
Ratio = $$204.2 : 49.2$$ = $$4.15:1$$
Option D is the closest.
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