Dear Tutor ,
If there is upward revaluation of non-current assets? what will be the effect on :
Capital employed (Increase or Decrease)
Return of capital employed-ROCE (Increase or Decrease)
Profit (Increase or Decrease)
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Intrepretation of Financial Statements
11y ago#1Capital employed - increase
Return on capital employed - decrease
Profit - no change
Thank you John,
11y ago#3You are welcome :-)
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