If debentures are included as part of capital employed, what figure is used for return? How and

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If debentures are included as part of capital employed, what figure is used for ‘return’? How and why does it differ from the ‘return’ figure used for calculating return on ordinary shareholders’ capital employed?

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Accounting Understanding And Practice

ISBN: 9780077139131

4th Edition

Authors: Robert Perks

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Question Posted: May 10, 2024 02:01 AM

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If debentures are included as part of capital employed, what figure is used for return? How and

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The return is earnings before interest and taxation If debentures are ...View the full answer

Accounting Understanding And Practice

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