rate of profit expected on capital employed is known as
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Ultimately, the calculation of ROCE tells you the amount of profit a company is generating per $1 of capital employed. Obviously, the more profit per $1 a company can generate the better. Thus, a higher ROCE indicates stronger profitability across company comparisons.
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Roce is correct answer
Explanation:
Ultimately, the calculation of ROCE tells you the amount of profit a company is generating per $1 of capital employed. Obviously, the more profit per $1 a company can generate the better. Thus, a higher ROCE indicates stronger profitability across company comparisons.
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