The Project Gutenberg EBook of McGuffey's First Eclectic Reader, Revised. Edition, by William Holmes McGuffey. This eBook is for the use of anyone anywhere at no cost and with. almost no restrictions whatsoever. You may copy it, give it away or. re-use it under the terms of the Project Gutenberg License included. with this eBook or online at www.gutenberg.net. Title: McGuffey's First Eclectic Reader, Revised Edition.
It is a popular benchmark used in the measurement of an entity's (person or corporation) ability to produce enough cash to cover its debt (including lease) payments. The higher this ratio is, the easier it is to obtain a loan.
The Gearing ratio is the ratio of how much a business owes (debt) compared to the total of the debt plus the amount the owners have invested (equity).n the above example the total debt is Â£180,000 and the owners equity is Â£60,000. The Gearing Ratio is given by using the formula = Debt / (Debt + Owners Equity) x 100% = 180,000 / (180,000 + 60,000) x 100% = 180,000 / 240,000 x 100% = 75%.