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John Moffat.
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Nercia@1234
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Is there a difference between capital employed and long term capital employed
John Moffat
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Strictly speaking capital employed would be the total of long-term capital and short-term capital (i.e. overdraft finance).
However, generally in the exam any mention of capital employed (such as return on capital employed) is referring to long-term capital.
Nercia@1234
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