Extracts from the financial statements of Snowdrop Products Limited for the year ended 31 January 20X2 are as follows: What is the gearing ratio (worked out as debt/debt + equity) (to one decimal place)?
A)62.4%
B)64.2%
C)89.4%
D)69.5%

Name: Extracts from the financial statements of Snowdrop Products Limited for the year ended 31 January 20X2 are as follows: What is the gearing ratio (worked out as debt/debt + equity) (to one decimal place)? A)62.4% B)64.2% C)89.4% D)69.5%
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Question

Extracts from the financial statements of Snowdrop Products Limited for the year ended 31 January 20X2 are as follows:  What is the gearing ratio (worked out as debt/debt + equity) (to one decimal place)?
A)62.4% 
B)64.2% 
C)89.4% 
D)69.5%

Quizplus · Accepted Answer

The Answer is B

Extracts from the Financial Statements of Snowdrop Products Limited for the Year