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179 BPP

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › 179 BPP

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by LMR1006.
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  • February 19, 2024 at 12:18 pm #700671
    Anonymous
    Inactive
    • Topics: 53
    • Replies: 46
    • ☆☆

    what is prior charge capital/equity ?

    February 19, 2024 at 2:25 pm #700680
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1506
    • ☆☆☆☆☆

    Prior charge capital refers to the capital that receives interest or dividends before any payment is made to ordinary shareholders.
    It includes long-term borrowings such as bonds, bank loans, and preference shares.

    So it means this divided by equity

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