Profitability Flashcards
1
Q
Return on Capital Employed
A
=operating profit \ capital employed x 100
2
Q
Capital Employed
A
Capital employed =equity + non-current liabilities
3
Q
Equity
A
=Share capital + reserves
4
Q
What are non current liabilities?
A
They are loans repayable over more than one year (bank loans,mortgages and debentures)