Brazier Barkiss plc has the following capital structure at 30 April 20X6: 3 Ordinary share capital (1
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Brazier Barkiss plc has the following capital structure at 30 April 20X6:
3 Ordinary share capital (£1 shares) 1 000 000 Reserves 2 739 400 Long-term loans (10% interest rate) 2 000 000 310 | SECTION 2. FINANCIAL ACCOUNTING iver T3109 Profit before interest and tax for the year ending 30 April 20X6 was £646 750 and interest payable was £200 000. Calculate the following ratios:
i) gearing (on the basis of debt/equity)
il) interest cover.
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Related Book For 
Financial Accounting For Non Specialists
ISBN: 9781844802050
2nd Edition
Authors: Catherine Gowthorpe
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