Question
Belta company has a capital mix of 40% debt and 60% equity. Kshs. Depreciation Adjustment 2,000 Cost of Sales Adjustment 1,000 Monetary Working Capital
Belta company has a capital mix of 40% debt and 60% equity. Kshs. Depreciation Adjustment 2,000 Cost of Sales Adjustment 1,000 Monetary Working Capital Adjustment 1.000 4.000 Required: Calculate the amount of Gearing Adjustment.
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
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