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ROI and RI

NNoah5y ago
sir can non-current assets for purposes of finding capital employed be ever calculated using Net realisable value(NRV)? thanks!
NNoah5y ago#1
if no then any specific reason?
John MoffatJohn MoffatTutor5y ago#2
In practice they can be calculated whichever way we want. However normally (and always in exams unless specifically told differently) we use the figures from the SOFP which will always be net book values and not NRV.
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