Debt fiance Flashcards

1
Q

how calculate gearing?

A

(long term debt/equity) x 100%

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2
Q

what must companies file their accounts?

A

private companies- 9 months after the relevant accounting period.
Public companies= 6 months after end of the relevant accounting reference period.

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3
Q

what is the effect of a fixed charge?

A

company is restricted from upgrading, selling or further changing the fixed charged asses without the institution’s consent.

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