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Suppose a company wishes to increase their return of capital employed (ROCE) to 15%. Currently, their ROCE is 10% and their working capital turnover rate
Suppose a company wishes to increase their return of capital employed (ROCE) to 15%. Currently, their ROCE is 10% and their working capital turnover rate is 1,5. However, they believe it would be difficult do much about their yearly turnover and average-tied up capital (assets).
6a. What is the companys current profit margin?
Enter the figure here, with two correct decimals:
6b. What profit margin is the company aiming for?
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