The gearing of a JK plc has reduced from 45% in 2020 to 37% in 2021. Answer TRUE or FALSE to indicate which of the following is/are VALID reasons for the decrease? (iii) JK have changed their accounting policy with regard to property. They are now using the revaluation model instead of the cost model (iv) JK made a bonus issue during the year

The gearing of a JK plc has reduced from 45% in 2020 to 37% in 2021. Answer TRUE or FALSE to indicate which of the following is/are VALID reasons for the decrease? (iii) JK have changed their accounting policy with regard to property. They are now using the revaluation model instead of the cost model (iv) JK made a bonus issue during the year

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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