Q TFR (6/07)

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May 8, 2013 at 8:57 am #124861
hasanali95
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In this qs,the requirement is to calculate ROCE,which values have been taken in the answer for the Capital Employed?
May 8, 2013 at 6:51 pm #124908
John Moffat
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The ROCE is the profit before interest and tax as a percentage of the total capital employed (equity + long term debt borrowing).

So, in year 1 (for example) it is 51,000 / (215,000 + 75,000)
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