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I have tried to get the formula correct for Return on Capital Employed (ROCE)
I have the figures
2002
Sales - 50
Opening Stock - 2
Closing Stock - 4
Cost of Goods Sold - 30
Gross Profit - 20
Net Profit - 10
Current Assets - 20
Current Liabilities - 20
Capital Invested - 150
Can you give me what you get for 2002 for ROCE and how you got that answer
Thanks G
I have the figures
2002
Sales - 50
Opening Stock - 2
Closing Stock - 4
Cost of Goods Sold - 30
Gross Profit - 20
Net Profit - 10
Current Assets - 20
Current Liabilities - 20
Capital Invested - 150
Can you give me what you get for 2002 for ROCE and how you got that answer
Thanks G