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2.13
FINAL ACCOUNTS - Coggle Diagram
2.13
FINAL ACCOUNTS
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INCOME STATEMENT (trading, profit &loss)
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ANALYSE ACCOUNTS
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LIQUIDITY / SOLVENCY : defintion is the ability to meet your debt payments as they fall due, the ability to repay loans
GEARING: is the business finance mostly from loans (DEBT) then it is high geared.
If it is funded mostly from share capital (EQUITY) then it is low geared.