kamala co dec14

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May 26, 2015 at 8:09 pm #249336
student07
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Sir while calculating ratio for year 13-14 why are they not including bank o/d in capital employed.Am i correct that capital employed is total equity+ non current liabilities +overdraft (if any). Thanks
May 27, 2015 at 7:47 am #249432
John Moffat
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Bank overdraft is only included in capital employed if it is intended to be there long-term.

Capital employed is long-term finance.
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