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Based on the Above Figures, What Is the Gearing Ratio

Question 15

Multiple Choice

£000Current assets15,000Non-current assets35,000Nan-currentliability barrawings18,000Equity20,000Current partion of lang-term aorrowings2,000Other non-current and current liabilities10,000\begin{array}{l}\begin{array} {lll } &£000\\\text {Current assets}&15,000\\\text {Non-current assets}&35,000\\\text {Nan-currentliability barrawings}&18,000\\\text {Equity}&20,000\\\text {Current partion of lang-term aorrowings}&2,000\\\text {Other non-current and current liabilities}&10,000\\\end{array}\end{array} Based on the above figures, what is the gearing ratio?


A) 40%
B) 90%
C) 100%
D) 150%

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