Question

average capital employed means what​

Answer 1

Answer:

The return on average capital employed (ROACE) is a financial ratio that shows profitability versus the investments a company has made in itself. ... ROACE differs from the ROCE since it accounts for the averages of assets and liabilities

Hope it's help you

Answer 2

Answer:

The return on average capital employed (ROACE) is a financial ratio that shows profitability versus the investments a company has made in itself. ... ROACE differs from the ROCE since it accounts for the averages of assets and liabilities.