A limited company has issued ordinary share capital $100000; preference shares $50000; reserves $120000; debentures $70000. This

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A limited company has issued ordinary share capital $100000; preference shares $50000; reserves $120000; debentures $70000. This company is highly geared. True/False?

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 25, 2023 01:51 AM

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A limited company has issued ordinary share capital $100000; preference shares $50000; reserves $120000; debentures $70000. This

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True The companys gearing ratio can be calculated by dividing ...View the full answer

Cambridge International AS And A Level Accounting

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