Better Belter Limited had the following capital structure at 31 October 2012: Profit before interest and tax for the year ending 31 October 2012 was £35 000, and finance costs were £24 000. Required:...

Better Belter Limited had the following capital structure at 31 October 2012:

Profit before interest and tax for the year ending 31 October 2012 was £35 000, and finance costs were £24 000.


Required: calculate the following ratios:


i) gearing (on the basis of debt/equity)


ii) interest cover.




May 26, 2022
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