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What have you read in the newspapers in the last few days that particularly interested you?
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HI FRIENDS CAN ANY BODY PASS THIS JOURNAL ENTRY: LOSS OF STOCK PLS PASS THIS JOURNAL ENTRY FRIENDS?
List the type of transactions entered in journal proper.
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
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