BPP Study kit- chapter 1, (2.3.5 example: financial targets)- Lion Grange Co.Forums › ACCA Forums › ACCA FM Financial Management Forums › BPP Study kit- chapter 1, (2.3.5 example: financial targets)- Lion Grange Co.This topic has 0 replies, 1 voice, and was last updated 9 years ago by nari.Viewing 1 post (of 1 total) AuthorPosts June 23, 2014 at 11:33 am #177454 nariMemberTopics: 261Replies: 176☆☆☆Hello, In the solution I do not understand how they arrived at:1) the values for maximum debt using 30% of long term debt (what exactly did they use as long term debt?..I’m working it backwards but not seeing the 100% figure anywhere)2) how did they arrive at “or 3/7 of equity”Can someone please assist?AuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In