BPP Black Friday sale! (28 Nov-1 Dec)

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

Dec2014 ques 1iii

This topic has 1 reply, 2 voices, and was last updated 10 years ago by Ken Garrett.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 9, 2015 at 8:28 am #281234
ysw91
Member
- Topics: 13
- Replies: 8
hi, why the answer use capital employed in year 2013 to calculate roce for year 2014? I taught should use year 2014 capital employed?
November 9, 2015 at 9:05 am #281241
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10617
There is a note just below the ACCA answer to this:
Tutor note:
ROCE figures are based on year opening figures although year closing figures are acceptable. Credit was also given if adjustment of EVA for product development costs was considered
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.