What steps might managers of a business take to reduce: (a) the degree of financial gearing, and
Question:
What steps might managers of a business take to reduce:
(a) the degree of financial gearing, and
(b) the degree of operating gearing
where each is considered to be too high? Try to think of at least two possible steps for each form of gearing.
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To lower levels of financial gearing it may be possible to Repay borr...View the full answer
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