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- October 25, 2022 at 3:44 am #669896
Got it. Thank you.
January 28, 2022 at 6:10 pm #647656Thank you sir
July 22, 2021 at 6:11 pm #629144Can you explain how is it correct?
July 21, 2021 at 3:58 pm #629047Thank you sir!!
July 14, 2021 at 4:39 pm #627732Thank you sir!!
June 5, 2021 at 1:07 pm #623280Thanks.
June 4, 2021 at 6:33 am #623035(iii)Major investment in intangible assets just before the reporting date
This statement is correct because an investment in intangible assets means an increase in total assets. We can also calculate Capital employed as Total assets less current liabilitiies. And hence capital employed increases and ROCE falls.
(iv)An upwards revaluation of land in the year
This option is correct because an upward revaluation increases the revaluation surplus and hence the capital employed increases. And hence the denominator increases. This results in a fall in ROCE.
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