Long term debt is £1,000,000 whilst non-current assets are worth £4,000,000. Equity is worth £9,000,000. Gearing is (choose the nearest number).
a) 7.7%
b) 10%
c) 11%
d) 56%
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Answer:
7.7 % hai I think
plz mark me as brainiest
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Net worth. 2,00,000. = = Long- term debt = ` 1, 00,000. Total liabilities and net ... Cost of goods sold = (0.9) (` 10,00,000) = ` 9,00,000. ... Or, Working capital = (Current Assets - Current Liabilities).
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