ROCE Formula Flashcards
(2 cards)
1
Q
ROCE formula
A
(EBIT / Capital employed) x 100
It is expressed as a percentage
2
Q
Capital employed
A
Total assets - Total liabilities
ROCE formula
(EBIT / Capital employed) x 100
It is expressed as a percentage
Capital employed
Total assets - Total liabilities
BUSINESS IB FLASHCARDS (29 decks)