Question 2, September 2002 Exam

Discussion in 'CT2' started by DevonMatthews, Sep 30, 2009.

  1. DevonMatthews

    DevonMatthews Member

    Solution uses market values as opposed to book values? How are we supposed to know this? In the notes it just says "gearing can be measured using the balance sheet figures?" and goes on to say " equity means the balance sheet value of the ordinary shares"
     

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