Explain what you understand by the accounting term capital gearing, showing clearly the benefits of, and the
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Explain what you understand by the accounting term ‘capital gearing’, showing clearly the benefits of, and the potential problems associated with high gearing.
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Capital gearing also known as financial leverage or leverage ratio refers to the proportion of a companys capital structure that is comprised of debt in comparison to equity It measures the extent to ...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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