ROCE

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December 19, 2019 at 9:54 pm #556229
aliahmed1994
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Do we less Intangible assets from Capital Employed figure, to calculate ROCE?
If so, why?
December 22, 2019 at 9:40 pm #556333
P2-D2
Keymaster
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Hi,

Yes, you would include it within the calculation as it is used to generate a return for the business.

Thanks
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