Accounting for IGCSE & O level - Advanced Principles (Section 7 - No. 34)
Which of the following is NOT a factor that will increase the ROCE?
An increase in profit for the year
A reduction in capital employed
Capital employed that is used more efficiently
An increase in capital employed
คำอธิบาย
Increasing the capital employed without a commensurate increase in profit will lower the ROCE.