Accounting · Ratio Analysis
According to the DuPont analysis, 'Return on Capital Employed' (ROCE) is equal to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Asset Turnover × Capital Employed
- 2Asset Turnover × Net Profit
- 3Asset Turnover × Profit Margin✓
- 4Net Profit × Capital Employed
Correct answer
Asset Turnover × Profit Margin
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