Question
From the following information calculate the responsiveness of ROCE for changes in current assets if there is decline in current assets by 20%: [Rs.
From the following information calculate the responsiveness of ROCE for changes in current assets if there is decline in current assets by 20%: [Rs. In Lakhs] Particulars Fixed Assets Current Assets Total Assets EBT ROCE Company X Company Y 300 200 200 300 500 500 90 90 18% 18%
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
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