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The Following Information Is from the Annual Report of Thunderstruck

Question 5

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The following information is from the annual report of Thunderstruck Ltd:
Statement of financial position of Thunderstruck Ltd as at 31 December 201X
 The following information is from the annual report of Thunderstruck Ltd: Statement of financial position of Thunderstruck Ltd as at 31 December 201X   Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X  \begin{array} { l r }  \text { Revenue } & 250 \\ \text { Gross profit } & 75 \\ \text { Operating profit } & 45 \\ \text { Profit for the period } & 25 \end{array}  From the information provide above,calculate the capital gearing ratio A)  62.9% B)  67.4% C)  59.5% D)  56.3%
Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X
 Revenue 250 Gross profit 75 Operating profit 45 Profit for the period 25\begin{array} { l r } \text { Revenue } & 250 \\\text { Gross profit } & 75 \\\text { Operating profit } & 45 \\\text { Profit for the period } & 25\end{array}
From the information provide above,calculate the capital gearing ratio


A) 62.9%
B) 67.4%
C) 59.5%
D) 56.3%

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