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Forums › ACCA Forums › ACCA FM Financial Management Forums › F9 gearing – Ch 13 Example 2 (B)
In calculating the Gearing , Why are the reserves of €130k included in part A as part of long term capital and not included in part B ?
sorry – ALL OK- watched lecture and answer clearly stated by Mike
Thanks
Well….I am astonished that it was clearly stated by Mike!
Mike does not teach F9 – I do, and I give the lectures 🙂
and a very good job you do John . I apologise for getting you confused with Mike
No problem 🙂