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What is the Debt Ratio? Describe please.
Flex budget
Alternative summarised version of tests of controls · Segregation of duty (staff records are separate from wages department) · Documentation ( written evidence ) ·
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explain the concept of working capital management?
Debt ratio A ratio that points out what proportion of debt a company has relative to its assets. The measure gives a thought to the leverage of the company with the potential risks the company faces in terms of its debt-load. Debt Ratio = Total Debt / Total Assests
Debt ratio
A ratio that points out what proportion of debt a company has relative to its assets. The measure gives a thought to the leverage of the company with the potential risks the company faces in terms of its debt-load.
Debt Ratio = Total Debt / Total Assests
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