Multiple Choice
Use the following information to answer questions.The Balance Sheet of MNO Company shows current assets of £1,250,000; current liabilities of £900,000; non-current assets of £2,400,000; and long-term debt of £750,000.
-The gearing ratio is closest to:
A) 45%
B) 37%
C) 27%
D) 20%
Correct Answer:
Verified
Correct Answer:
Verified
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