The formula in the formula bar at the top has been copied across the row: The result of D48 is greater than 3.5 and so the result of the test is TRUE: Excel therefore returns ain breach of covenanta. The ratio in E48 is less than 3.5, and so theanbsp;...
|Title||:||The Investment Banker's Handbook: Accounting, Valuation and Modelling|
|Author||:||Corporate Training Group (CTG)|
|Publisher||:||ILX Group plc -|