Determine the following gearing ratios using the information supplied. (i) debt-to-equity ratio (ii) debt-to-debt plus equity ratio
Question:
Determine the following gearing ratios using the information supplied.
(i) debt-to-equity ratio
(ii) debt-to-debt plus equity ratio
(iii) net debt Equity = £100m Long-term debt = £50m Short-term debt = £20m Cash = £10m
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