OpenTuition | ACCA | CIMA
Free ACCA and CIMA on line courses | Free ACCA, CIMA, FIA Notes, Lectures, Tests and Forums
ACCA News: June 2021 Remote session CBEs – booking window opens on 19 April
ACCA cancels centre-based exams in some locations and offers remote exams as an alternative. Read more >>
Sign up with YouTube premium to watch our lectures Ad-free and download them to watch offline.
Specially for OpenTuition students
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?
John Moffat says
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.
You must be logged in to post a comment.