Question: Look back at the worked examples above. Is Fradtly plc high geared or low geared? Is Antheas business high geared or low geared? Is Wharma

Look back at the worked examples above.

WORKED EXAMPLE The directors of Wharma plc provide the following information: Non-current Is Fradtly plc high geared or low geared?
Is Anthea’s business high geared or low geared?
Is Wharma plc a high geared company or is it low geared?

WORKED EXAMPLE The directors of Wharma plc provide the following information: Non-current liabilities 8% debentures (2049) Equity Ordinary shares of 1 each 7% preference shares of 1 each Retained earnings and other reserves 300 1,500 500 760

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