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CORRECT TEXT

Information extracted from JK’s statement of financial position for the year ended 31 May 20X5 is as follows:

Calculate the gearing ratio (Debt/Equity measured as a percentage) at 31 May 20X5.

Give your answer to one decimal place.

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View Answer

Answer: 58.4, 58, 58.44, 59, 58.5, 58.0