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Net Assets in ROCE/RI

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Net Assets in ROCE/RI

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 29, 2020 at 9:39 am #582608
    draiells
    Member
    • Topics: 123
    • Replies: 141
    • ☆☆☆

    Respected Sir, hope you’re having a good day..

    I’m very confused as to which figure to use as Capital employed, should it be Opening net assets, Closing Net assets? or Average (in case the info is given)

    I’ve come across different pastpapers doing it differently with no mention as to which figure to use in the question.
    Also, in the MCQs where Average could be calculated they’ve used opening net assets instead.

    Please tell me which one to use?

    August 29, 2020 at 1:38 pm #582640
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54821
    • ☆☆☆☆☆

    Unless the question says differently then the current examiner uses the opening capital employed.

    August 30, 2020 at 5:39 am #582689
    draiells
    Member
    • Topics: 123
    • Replies: 141
    • ☆☆☆

    Thank you soooo much you are a lifesaver!!!!

    August 30, 2020 at 8:26 am #582698
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54821
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Net Assets in ROCE/RI’ is closed to new replies.

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