On the basis of following information, answer the questions:

On basis of above case, the interest coverage ratio is:

10 times

Interest coverage ratio = Profit before interest and tax/ Interest charges
                                      = 390000/39000
                                     = 10 times

* Interest on debentures = 300000 x 13/100
                                      = ₹39000

* Profit before interest and tax = Profit before tax + interest
                                               = 351000 + 39000
                                               = 390000