Syllabus 4
Time Co (a): what a lender sees 8 / 15
June 2026, Question 2(a) worked: operational gearing, debt to equity, interest cover and effective interest rates, and what they mean to a lender.
Before you start
Time Co (a): what a lender sees
Check your understanding
Previous
Gearing: two kinds of risk
Resit course
Step 4. Business finance
Next up
Dividends and small company finance
Resit course
Step 4. Business finance