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Which of the following statements is true about gearing for Kerry’s Warehouse in 2014? (A) It is better than industry average and has improved since 2013 - HSC - SSCE Business Studies - Question 20 - 2014 - Paper 1
Question 20
Which of the following statements is true about gearing for Kerry’s Warehouse in 2014? (A) It is better than industry average and has improved since 2013. (B) It is ... show full transcript
Worked Solution & Example Answer:Which of the following statements is true about gearing for Kerry’s Warehouse in 2014? (A) It is better than industry average and has improved since 2013 - HSC - SSCE Business Studies - Question 20 - 2014 - Paper 1
Step 1
Identify true statement about gearing for Kerry’s Warehouse in 2014
Answer
To determine the correct answer, we need to analyze the gearing ratios for Kerry's Warehouse in 2014 and compare them to the industry average while also assessing the trend since 2013. Based on the provided information, the most accurate statement is:
(D) It is worse than industry average and has worsened since 2013.