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Q 66 MCQ in BPP revision kit. In arriving at capital employed current was not deducted from total asset. Please explain.
I don’t have a copy of the BPP exam kit / revision kit
Why not instead take “capital employed” as being shareholders’ equity + long term (intest bearing) debt
Then maybe you can see why current assets are not deducted from the total assets
Or did you mean, when you posted “current”, current liabilities?
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