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F2 Advanced Financial Reporting

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F2 Advanced Financial Reporting Questions and Answers

Questions 1

F has profit before interest and tax of $400,000 for the year to 30 June 20X4.

Extracts from F's statement of financial position at 30 June 20X4 are as follows:

  Questions 1

Calculate the gearing (debt:equity) ratio at 30 June 20X4.

Give your answer to the nearest whole percentage.

 ?  %

Options: