Formulas Flashcards Preview

AAT > Formulas > Flashcards

Flashcards in Formulas Deck (4)
Loading flashcards...
1

What does ROCE mean?

Return on Capital Employed

2

ROCE (1) =

Profit margin x Asset Turnover

3

ROCE (2) =

EBIT / capital employed x 100%

4

ROCE (3) =

EBIT x 100%
------------------------------------
Total Assets - Current Liabilities