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MCQ 5 June 15

GGabbi10y ago
Dear Sir, Why option B of the question is correct? Isn't ROCE calculated PBIT/Capial employed? Isn t Net profit, profit after tax? Thanks Gabriella
John MoffatJohn MoffatTutor10y ago#1
In financial account it is, but F9 is not financial accounting and when measuring performance net profit is net operating profit which is profit before interest and tax.
GGabbi10y ago#2
Thanks Sir Best Regards Gabriella
John MoffatJohn MoffatTutor10y ago#3
You are welcome :-)
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