27. Which of the following statements is not correct?
(a) Capital Employed = Shareholders' Funds + Non-current Liabilities.
(b) Capital Employed= (Share capital + Reserves and Surplus) + (Long-term Borrowings + Long-tern
Provisions).
(c) Equity = Total Assets – Total Debt.
(d) Capital Employed = Equity. (1)
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Answer: Provisions).(b)CapitalEmployed=(Sharecapital+ReservesandSurplus)+(Long−termBorrowings+Long−tern</p><p>Provisions).
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