Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the return on capital employed(ROCE) of a company increased from 15 % in 20x5 to 18 % in 20x6. which of the following independent reasons
the return on capital employed(ROCE) of a company increased from 15 % in 20x5 to 18 % in 20x6. which of the following independent reasons could have contributed to this increase in ROCE? ( assuming other factors remain constant )
a decrease in sales
b increase in inventory
c saving on operational costs
d upward revaluation of fixed assets
e issue of equity share capital
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