Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company 1 has Profit Margin of 8.2% and a gearing ratio of 67.2%. Company 2 has Profit Margin of 6.3% and a gearing ratio of
Company 1 has Profit Margin of 8.2% and a gearing ratio of 67.2%. Company 2 has Profit Margin of 6.3% and a gearing ratio of 534% Based on these ratios, what is generally not true about these two companies The ratio that reveals the efficiency of the business in utilisation of funds entrusted to it by shareholders, deben long-term loans is
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started