The management of Alpha Ltd calculates ROCE using profit before interest and tax as a percentage of
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The management of Alpha Ltd calculates ROCE using profit before interest and tax as a percentage of net closing assets. Discuss how this definition might be improved.
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The return on capital employed ROCE is a popular metric used to evaluate a companys performance ROCE ...View the full answer
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Related Book For
Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
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