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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