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In June 28 question a1, profit of the RI And ROI is used the profit at before tax , but some question is used at proft after tax. which one is correct ?
It is profit before interest and tax.
Following is an extract from BPP text book page 253:
Return on investment (ROI) is a form of ROCE and is calculated as:
Profit before interest and tax x 100
Operations management capital employedProfit is taken before tax and interest because tax is an appropriation of profit made from the use of the investment, and the introduction of interest charges introduces the effect of financing decisions into an appraisal of operating performance.
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