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PAPER DEC 07 – Q1

Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › PAPER DEC 07 – Q1

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  • December 12, 2014 at 2:07 pm #220354
    wgk
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    ANSWER TO 1(a)

    Point 7 under strengths – why 71.13%?

    Long-term lenders = 310
    Long-term capital structure = 310+250

    Therefore Gearing Ratio = 310/560 = 55.36%

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