Which of the following statements is/are correct? (a) It is always bad to invest in a highly
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Which of the following statements is/are correct?
(a) It is always bad to invest in a highly geared company
(b) Redemption of long-term loans will reduce a company’s gearing
(c) Paying dividends to its shareholders will increase its capital gearing
(d) If loan notes form less than 5% of a company’s capital employed it is not geared
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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