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Business HL Paper 2 TZ0


wireman

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Much better than paper 1, I think. But I just had a doubt about the first question (the dairy company). For the gearing ratio, the 24 million had to be added to the original capital employed of 45 million right? So the ratio becomes 24 million (loan) divided by 69 million (45 + 24) right?

Plus, the investment appraisal had to be done on 24 million right? (because the entire acquisition was funded by the loan)

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