Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

based on the calculation please comment on th performance of the company with particular reference and by considering yourself a financial analyst you are required

based on the calculation please comment on th performance of the company with particular reference and by considering yourself a financial analyst you are required to provide advice on what you think should be done in order to improve the performance of company?

image text in transcribed
4. Gearing Ratio: Gearing Ratio Formula 2021 2020 Gearing ratio loans and 3,746/ 98, 135 x 2,823/ 124, 283 x borrowings / 100 = 3.81 % 100 = 2.27 % capital employed x 100 Interest cover PBIT / interest (17,656)/ 158 = 6,540/ 190 ratio charges 111.74 34.42 times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Charles E. Davis, Elizabeth Davis

2nd edition

1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445

More Books

Students also viewed these Accounting questions

Question

Are your rods or cones more important for reading a book?

Answered: 1 week ago

Question

How many types of bankruptcy and these types explained in Chapters?

Answered: 1 week ago

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago

Question

1. Effort is important.

Answered: 1 week ago