You have touched upon a subject, senor canon, observed the curate here, that has awakened an old enmity I have against the plays in vogue at the present day, quite as strong as that which I bear to the books of chivalry; for while the drama, according to Tully, should be the mirror of human life, the model of manners, and the image of the truth, those which are presented now-a-days are mirrors of nonsense, models of folly, and images of lewdness.
Financial gearing definition and usage. Financial gearing refers to the relative proportions of debt and equity that a company uses to support its operations. This information can be used to evaluate the risk of failure of a business. When there is a high proportion of debt to equity, a business is said to be highly geared. The formula used for ...
Therefore, different accounting books give different ratio formulas for calculating gearing. Gearing is an important concept to understand, because a high level of debt can strain your company's financial resources. Gearing Ratio -- Example 1 Gearing ratio calculations vary with the purpose of the calculation.