View all questions & answers for the F2 exam
Ratios have been produced below for EF for the year to 31 March:
Which TWO of the following could explain the movement in both gearing and ROCE?
A rights issue on 31 March 20X3.
A debt issue on 31 March 20X3.
A revaluation upwards on the head office property on 1 April 20X2.
A bonus issue of shares on 1 April 20X2.
A bank loan to purchase new machinery on 31 March 20X3.
Submit