Which of the following steps will result in lowering the capital gearing of a company? (a) Pay

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Which of the following steps will result in lowering the capital gearing of a company?
(a) Pay dividends to its shareholders
(b) Make a bonus issue of shares to ordinary shareholders
(c) Make a rights issue of ordinary shares
(d) Issue loan notes with a long redemption date

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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