::: vuaskari.com ::: Time interest earned formula

Sir kindly tell me the confirm formula.
i asked you and you told me different formula and same formula my friend asked and you told her different formula
tell me 100% sure formula

to me you said:

TIE= Earnings before interest and taxes/total assets * 100.

to my friend :

- Forwarded message ----------
From: FINI619 FINI619 <fini619@vu.edu.pk>
Date: Tue, Jun 21, 2011 at 11:12 AM
Subject: Re: TIME INTREST EARNED
To: mc090405211 Iram Aslam <mc090405211@vu.edu.pk>

Dear Student:

 

 

The accurate formula for Times interest earned or Earning before tax

 

 

= Income before tax (INcome tax) + interest/ mark up expense

                    Interest/ mark up expense
The links which you have referred are NEITHER accurate NOR authentic. Follow the books , you will find the same formula (as directed by us) in them.

 

 

 

In MDB it was replied accurately as well as well.

 

 

 

Kind Regards,

Instructor

FINI619

NOW INSTRUCTOR RPLY TO ME:

Dear student,

Where I said that total assets should be taken and it should be multiplied with 100? Show me that email.

 

Time Interest Earned =Earnings before interest and taxes (EBIT)/Interest Expense

 

 

Best Regards,

Instructor

FINI619

NOW MY RPLY TO INSTRUCTOR I 4WD HIS/HER mail:

Dear Student,

Formula = Earning Before Income Tax (EBIT) / Interest Expense

The above one is not correct. TIE= Earnings before interest and taxes/total assets * 100.

Best Regards,

Instructor

FINI619

NOW INSTRUCTOR RPLY TO ME:

Dear Student,

I mean to say the above mentioned formula is correct. Mistakenly it was written that the above one is incorrect.

Best Regards,

Instructor

FINI619

SO FROM ALL ABOVE DISCUSSION IT IC CONCLUDED THAT NOW THE SURE FORMULA IS

Time Interest Earned =Earnings before interest and taxes (EBIT)/Interest Expense

REMEMBER ME IN UR PRAYERS

REGARDS
ADMIN LAIBA BUTT
MBA 4TH SEM ( FINANCE)
VUASKARI TEAM

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