The Prosecution Wish to Appeal on a Point of Law

question 7

Multiple Choice

The prosecution wish to appeal on a point of law from a case heard at the High Court on appeal from the magistrates' court.
To which court should they appeal?

• A) The Supreme Court
• B) Court of Appeal
• C) Crown Court
• D) Divisional Court

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes (EBIT).

Income Statement

A financial statement that shows a company's revenues and expenses, ultimately revealing the net profit or loss for a specified period.

Accounts Receivable Turnover

A financial ratio that measures how many times a business can turn its accounts receivable into cash during a period.

Equity Multiplier

A financial ratio that measures a company's leverage by comparing total assets to shareholders' equity, illustrating the extent to which a company is financed by debt.