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return on capital employed

Former userFormer user9y ago
Hi there, When doing the capital employed ratio. if you are given a financial statement, how do you know which figures to pick for capital employed. stupid question but I'm not sure. is it non current assets and ordinary share capital? Im not sure
Former userFormer user9y ago#1
sorry got it, sorry current assets minus current liabilities
P2-D2P2-D2Tutor9y ago#2
Hi, Capital employed is equity plus net debt. It isn't current assets less current liabilities. Thanks
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