December 2017 Q2a

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September 3, 2018 at 4:33 am #470902
Nav
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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
September 3, 2018 at 7:47 am #470925
John Moffat
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There is no mention of Fennel in Q2 of the December 2017 Advanced Financial Management (Paper P4) exam.
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