dear sir, in times of rising prices, the historic revenue is too high or too low?
ROCE?
Asset turnover?
just woke up after coming from F7 exam:)
getting ready for tomorrow f5. Worried.
Ask the Tutor ACCA FR
Inflation
10y ago#1"too high or too low" ?
Compared with what?
Revenue is at today's prices whereas assets are at historic (lower) prices so asset / turnover is higher than it would be if prices had not risen
Good luck in F5
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