The hotel chain CIGA provides information to the market on value creation, measured by a ROCE calculated

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The hotel chain CIGA provides information to the market on value creation, measured by a ROCE calculated as the ratio between EBITDA and the historic value (i.e. gross before depreciation and amortisation) of capital employed. State your views.

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Corporate Finance Theory And Practice

ISBN: 9780470721926

2nd Edition

Authors: Pierre Vernimmen, Pascal Quiry

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