Unit 8 homework, need help!
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Hi everyone, <BR><BR>I'm doing CARE 4 practice activities for homework and one of the questions ask to work out :<BR>Return on net assets?<BR><BR>Does any one know the formula for this?<BR><BR>Thanks<BR>Sally<BR>
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Unit 8 homework, need help!
Hi, basically the return on net assets is your return on capital employed as your capital employed is the net assets. <BR>so it will be ROCE : Profits before Interest & Tax / Net assets ( Total assets-current liabilities)<BR>Hope that helps0