Mrs. H Berry had provided the following information to the debtors department. Extract of the statement...

 

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Mrs. H Berry had provided the following information to the debtors department. Extract of the statement of comprehensive Income and financial position for the year ended 30 June 2022 Extract Statement of comprehensive income Revenue Cost of sales Finance cost Operating expenses Taxation Extract of statement of financial position Trade debtors (365 days) Inventory (365 days) Trade and other payables (360 days) 2022 R'000 98 768 47 435 4 590 40 300 1 804 34 000 15 230 7 620 2021 R'000 152 645 70 403 6 340 58 745 4 800 23 200 23 210 15 430 Mrs. H Berry had provided the following information to the debtors department. Extract of the statement of comprehensive Income and financial position for the year ended 30 June 2022 Extract Statement of comprehensive income Revenue Cost of sales Finance cost Operating expenses Taxation Extract of statement of financial position Trade debtors (365 days) Inventory (365 days) Trade and other payables (360 days) 2022 R'000 98 768 47 435 4 590 40 300 1 804 34 000 15 230 7 620 2021 R'000 152 645 70 403 6 340 58 745 4 800 23 200 23 210 15 430

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Answer Degree of Financial Leverage 171 times Explanation Degree of Fi... View the full answer