MCQ 5 June 15

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August 22, 2016 at 4:11 pm #334551
gabbi08
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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
August 23, 2016 at 6:09 am #334626
John Moffat
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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.
August 23, 2016 at 9:47 am #334680
gabbi08
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Thanks Sir
Best Regards
Gabriella
August 24, 2016 at 6:15 am #334824
John Moffat
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You are welcome 🙂
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