which is the yard stick for the efficiency of business?
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Return on Capital Employed (ROCE ) Percent: According to FinanceScholar.com, ROCE measures the efficiency and profitability of a company's capital investments. For example, capital assets such as trucks and computers should help make the business more efficient, cut down on costs and realize greater profits.
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Answer:
Return on Capital Employed (ROCE ) Percent: According to FinanceScholar.com, ROCE measures the efficiency and profitability of a company's capital investments. For example, capital assets such as trucks and computers should help make the business more efficient, cut down on costs and realize greater profits.
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