Accounting · Financial Accounting
The term 'capital employed' in a business context refers to:
- 1The total amount of long-term funds invested in the business✓
- 2The total value of current assets owned by the business
- 3The short-term money the business owes to suppliers
- 4The gross revenue generated by the business in a year
Correct answer
The total amount of long-term funds invested in the business
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