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
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Chapter12: Fainancial Statement Analysis
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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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