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Accounting for IGCSE & O level - Advanced Principles (Section 8 - No. 13)

What is the formula for Return on Capital Employed (ROCE)?
Profit for the year / Capital employed * 100
Gross Profit / Revenue * 100
Profit for the year / Revenue * 100
Capital employed / Profit for the year * 100

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The formula is Profit for the year / Capital employed * 100

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