42. For the ratio Return on Capital Employed, which of the following best describes capital employed? A. Share capital B. Share capital + reserves C. Share capital + reserves + long-term capital D. Share capital + reserves + long-term capital + current liabilities
42. For the ratio Return on Capital Employed, which of the following best describes capital employed? A. Share capital B. Share capital + reserves C. Share capital + reserves + long-term capital D. Share capital + reserves + long-term capital + current liabilities
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 27MCQ
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42. For the ratio Return on Capital Employed, which of the following best describes capital employed?
A. Share capital
B. Share capital + reserves
C. Share capital + reserves + long-term capital
D. Share capital + reserves + long-term capital + current liabilities
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