A company has the following balances on their statement of financial position at their year end: mn Equity Ordinary share capital Retained earnings 5,700 8,220 13,920 2,055 Non-current liabilities Loan Current liabilities Overdaft Trade payables Tax payable 120 1,800 90 2,010 17,985 Total equity + liabilities What is their gearing? A. 14.76% B. 36.05% C. 12.86% O D. 22.60%