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JUNE 2010 Q2 a
bpp text book stated that ROCE is 18.4% how did they get this figure pleas as i’m getting 20.1%?
Profit: before tax and interest: 4000 – 2500 = 1500
CE = 5,750 + 2,500 = 8250
ROCE = 18.2 [not sure where 18.4 comes from!]
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