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I am little bit unclear about residual income.
According to me, It is a investment centre checking. Like our company has subsidiaries so we check that how much money we will get in return to the capital employed.
Am I correct?
And please state difference between ROCE and RI. What are the things which ROCE does not disclose and RI does and vice versa.
Thank you in advance.Are you asking for Paper MA1 or Paper MA?
The reason I am asking is that I made a mistake answering your previous post. The answer I gave you was correct, but I said for you to ask in the Ask the Tutor Forum.
However there is not an Ask the Tutor Forum for Paper MA1 and our MA1 tutor answers all questions in the normal MA1 Forum. (I should not have answered your question because I am not the MA1 tutor – I was thinking it was a Paper MA question!)
Sorry for the confusion 🙁
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