Hello All ,
Can anyone tell me how does the examiner calculate ROCE for Fennel ,
Fennel:
Average capital employed (170 x 0·25) + (176 x 0·75) $174·5m
ROCE 14·9% (26·0/174·5)
What is this 0.25 and 0.75 ? where doe it come?
Thanks
Ask the Tutor ACCA AFM
December 2017 Q2a
7y ago#1There is no mention of Fennel in Q2 of the December 2017 Advanced Financial Management (Paper P4) exam.
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