Question
Compare the return on capital employed (ROCE) of Alphabet Inc. (Google) and Facebook, Inc. for the fiscal year 2023: Company Alphabet Inc. (Google) Facebook, Inc.
Compare the return on capital employed (ROCE) of Alphabet Inc. (Google) and Facebook, Inc. for the fiscal year 2023:
Company | Alphabet Inc. (Google) | Facebook, Inc. |
Earnings Before Interest and Taxes (EBIT) | $40 billion | $30 billion |
Total Capital Employed | $200 billion | $150 billion |
Return on Capital Employed (ROCE) |
Question:
Calculate the return on capital employed (ROCE) for both Alphabet Inc. (Google) and Facebook, Inc. Which company has a higher ROCE?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
