=+30 per cent. In Year 1, the Return on Capital Employed (EBIT divided by (debt plus equity))

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=+30 per cent. In Year 1, the Return on Capital Employed (EBIT divided by (debt plus equity)) for each company is 25 per cent; in Year 2 it is only 7.5 per cent.

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Corporate Finance For Business The Essential Concepts

ISBN: 9783030924188

2nd Edition

Authors: Ronny Manos, Keith Parker, D. R. Myddelton

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