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state the importance of gearing in accounting
Gearing is one of the most extensively used terms in accounting. Gearing is the relationship between debt and equitywhich means that how much of total capital is in the form of debt andequity. Gearing is relevant to long-term financial stability of a business.
Gearing (also termed as capital gearing) is calculated from a company's financing structure as demonstrated in its statement of financial position.
Ricardo Martinez has prepared the following financial statement projections as part of his business plan for starting the Martinez Products Corporation. The venture is to manufact
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