My question is related to section/part d.
How would I know that I should not deduct the annual accumulated depreciation(in this case for 6 months) of the new machine in the capital employed figure, when calculating the ROI?
If it is not specified to calculate ROI as a % of net assets, I should take the gross figure?
Thank you :)
How would I know that I should not deduct the annual accumulated depreciation(in this case for 6 months) of the new machine in the capital employed figure, when calculating the ROI?
If it is not specified to calculate ROI as a % of net assets, I should take the gross figure?
Thank you :)
