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Using bpp text book question 1a stated that the Roce fell from 13.46% to 9.56% how did they get the percentage Sir?
Secondly sir, is there anything or material or text books to help me with these kind to calculations as I tend to mix them up or easily forget how to calculate them.
This worries me a lot as I heard the same problem in my previous examWe cover basic ratios in our notes.
Which examm is Machineshop from? I don’t have the BPP kit. However ROCE is
Operating profit before tax and interest, divided by capital employed.
Capital employed is
Share capital + reserves/retained profits + long term loans.
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