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Business, 09.02.2021 04:20 precioussmith76

A business has non-current liabilities of £600 000 and a gearing ratio of 40%. It then takes out a long-term loan of £250 000 from the bank.
Calculate its new gearing ratio after taking out this bank loan.

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A business has non-current liabilities of £600 000 and a gearing ratio of 40%. It then takes out a...
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