gearing stuck..
topcat
Registered Posts: 452
Not doing very well today at all!
How do you workout this particular gearing please? i would appreciated any help
My attempt was:
Total debt
total debt + equity
but i couldnt see that there was any equity? my answers were off by quite a bit
How do you workout this particular gearing please? i would appreciated any help
My attempt was:
Total debt
total debt + equity
but i couldnt see that there was any equity? my answers were off by quite a bit
0
Comments
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if anyone pops on here by tonight that would be handy as i have my exam tomorrow just looked at for another 30 mins and got no where :mad2:
these are the answers just dont understand where they are coming from with no equity?- Debt/Equity x 100% = 100 and 89.47 for Scenario 1 and Scenario 2 respectively.
Debt/(Debt plus Equity) = 50 and 47.22 for Scenario 1 and Scenario 2 respectively0 -
hell yea, finally sussed it fourth time lucky
Total debt
total debt + net assets
as net assets = equity
since assets - liabilities = equity /capital
feel as though i have cracked the da vinci code ( i know it was probably easy for everyone else though)0