FSLC - Assesment 1 task 1.7

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sophie_612
sophie_612 Registered Posts: 136 Dedicated contributor 🦉
in General accounting discussion
Hi,

Please can someone help me work out the gearing ratio i cannot seem to get the figures right.

Thanks
Sophie

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  • mergen
    mergen Registered Posts: 112 New contributor 🐸
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    Total Debt is Bank Loan plus Bank Overdraft, you will get 40.95%.
  • sophie_612
    sophie_612 Registered Posts: 136 Dedicated contributor 🦉
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    mergen said:

    Total Debt is Bank Loan plus Bank Overdraft, you will get 40.95%.

    @mergen thank you :)

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