From the following details, calculate the interest coverage ratio:
LIST I | LIST II | ||
A | Profit sharing Ratio | I | No payment |
B | Interest on partner's Loan | II | With consent of all existing partners |
C | Admission of a Partner | III | 6% p.a. |
D | Interest on Capital | IV | Equal |
The value of $ \frac{1}{1 + p^{(y-z)} + p^{(x-z)}} + \frac{1}{1 + p^{(x-y)} + p^{(z-y)}} + \frac{1}{1 + p^{(y-x)} + p^{(z-x)}}, $ is:
Simplify the following expression: $ \frac{2^{n+5} - 4 \cdot 2^{n}}{2 \cdot (2^{n+4})} $.