When in the exam qs,comparative information is given for the industry in the form of ratios,how do we know whether we use the debt/equity way or the debt/debt+equity formula for comparison with our company?
Thanks sir
Ask the Tutor ACCA SBL
Gearing
12y ago#1Unless told, you won't know - but no one else will either. Markers will make allowance for different interpretations.
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