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Repected sir
Question 3 was from restructuring and in discussion of revised statement of financial position he asked that effect on gearing and interest cover and due to sale of its loss making divisions he was paying it’s debt and due to lack of time I could not calculate gearing and intrest cover and I only wrote gearing will decrease and interest cover will increase and existing debt providers will be happy from this sale proceeds of divisions
Will I get marks on this discussion?
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