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 - |

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