Q 66 MCQ in BPP revision kit. In arriving at capital employed current was not deducted from total asset. Please explain.
Ask the Tutor ACCA FR
Analysing and interpreting financial statement.
11y ago#1I don't have a copy of the BPP exam kit / revision kit
Why not instead take "capital employed" as being shareholders' equity + long term (intest bearing) debt
Then maybe you can see why current assets are not deducted from the total assets
Or did you mean, when you posted "current", current liabilities?
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