Help with gearing ratios

EbonyG Registered Posts: 1 New contributor 🐸
Hello would anyone be able to help me with calculating the gearing ratios in my work book please

The answers are
31/12/20-8 41.14
31/12/20-7 53.46
Thank you


  • George_Wright
    George_Wright Registered Posts: 7
    I don't think those answers are correct.

    equity = capital from shareholders + Retained reserves + other reserves

    closest i got for 20-8 was 41.66
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