Economics · Ratio Analysis
Return on Capital Employed (ROCE) establishes a quantitative relationship between ____________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gross profit and total fixed assets
- 2Gross profit and net sales
- 3Net operating profit (EBIT) and capital employed✓
- 4Net operating profit and long-term loans
Correct answer
Net operating profit (EBIT) and capital employed
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