Calculate return on capital employed for a sole proprietor whose net profit was 90,000 and whose capital

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Calculate return on capital employed for a sole proprietor whose net profit was £90,000 and whose capital employed was £270,000.

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 29, 2024 01:01 AM

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Calculate return on capital employed for a sole proprietor whose net profit was 90,000 and whose capital

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To calculate the return on capital employed ROCE you need to divide the net profit by th...View the full answer

Frank Woods Business Accounting Volume 1

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