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John Moffat says
August 4, 2023 at 9:44 am
If we have enough information to be able to calculate the average then yes. However normally we only know the net assets at the end of the year in the exam and so we use that.
March 31, 2023 at 2:12 pm
Thank you so much Professor you are the best just passed FA exam today 31/03/23 representing from Ireland/Zimbabwe
March 31, 2023 at 3:36 pm
Thank you for your comment, and many congratulations 🙂 🙂
November 5, 2019 at 11:55 pm
Hey, why did you use profits from operations and not profit before tax to calculate the net profit ratio?
November 6, 2019 at 7:03 am
The company does not control the tax rate and so taking the profit after tax is not measuring how well the company is being run.
November 18, 2019 at 7:03 pm
So i understand that the company has no control over tax, but that is taken in account after profit, i need to know why you chose “profit from operations” for ROCE when the want the “profit before tax”?
Thank you in advance
December 7, 2018 at 11:41 am
is the capital Employed the same as Total Long term Capital?
September 1, 2018 at 1:18 pm
Why is the ratio called “asset turnover” when you working with sales and long term capital?
September 1, 2018 at 3:29 pm
Long-term capital is equal to the net assets. I explain the relevance of the measure in the lecture.
August 4, 2023 at 3:04 am
Sir asset turnover ratio equals revenue divided by average total assets
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