What is the full form of "ROCE"?
A. Ratio of Captital Earning
B. Return of Commodity Exchange
C. Revenue On Cash Equity
D. Return On Capital Employed
Answer: Option D
Solution (By Examveda Team)
Return on capital employed is calculated by dividing net operating profit, or earnings before interest and taxes (EBIT), by capital employed. Another way to calculate it is by dividing earnings before interest and taxes by the difference between total assets and current liabilities.This Question Belongs to Abbreviations >> Finance Abbreviations
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