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

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

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 12MC: The cost of equity is _______. A. the interest associated with debt B. the rate of return required...

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Question

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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