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Question
Gross Capital employed is equal to________.
Gross Capital employed is equal to________.
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Solution
The correct option is D Fixed assets plus net current assets
Capital employed is the total amount of capital used for the acquisition of profits. It is the value of all the assets employed in a business, and can be calculated by adding fixed assets to working capital.
working capital = current assets - current liabilities or net current assets.
Capital employed is the total amount of capital used for the acquisition of profits. It is the value of all the assets employed in a business, and can be calculated by adding fixed assets to working capital.
working capital = current assets - current liabilities or net current assets.
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