Find the gearing ratio from balance sheet
The following are extracts taken from the summarized balance sheet of Carlin plc as at 31 December 2017:
£000
Equity
Ordinary share capital
500
Reserves
300
Non-current liabilities
9% Debentures
700
What is the gearing ratio.
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The following are extracts taken from the summarized balance sheet of Carlin plc as at 31 December 2017: What is the gearing ratio.
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