CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 1 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam

Question #: 1
Topic #: 1

At 31 October 20X1 RS has in issue 10% debentures 20X8 with a carrying value of $350,000.

Extracts from its statement of profit or loss for the year ending 31 October 20X7 are as follows:

What is the interest cover for RS for the ended 31 October 20X7?

A9.0 times

B11.1 times

C10.0 times

D8.0 times

Show Suggested Answer

Suggested Answer: A

by Glory at May 06, 2022, 07:37 AM

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