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The Capital Structure Decision

Ssajid79y ago
Hi John, Hope you would be fine. I have a question regarding capital structure:- Why retained profit is added to assets less current liabilities/capital employed? Thanks in advance.
John MoffatJohn MoffatTutor9y ago#1
Sorry, but I have no idea what you are meaning. Assets less current liabilities is equal to the book value of long-term capital.
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