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FSLC - Assesment 1 task 1.7

sophie_612 LondonRegistered Posts: 107

September 2019 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

task 1.7 answers.PNG 128.4K

task 1.7.PNG 264.5K

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Comments

mergen Just Joined Registered Posts: 105

September 2019

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

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sophie_612 LondonRegistered Posts: 107

September 2019

mergen said:
Total Debt is Bank Loan plus Bank Overdraft, you will get 40.95%.
@mergen thank you

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