What is Return on Average Capital Employed (ROACE). Definition

Return on Capital Employed
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What is Return on Average Capital Employed (ROACE). Definition

A variation of this ratio is Return on Average Capital Employed (ROACE), which takes the average of opening and closing capital employed for the time period.

 

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Acceptable Level of ROCE
👀What is Return on Average Capital Employed (ROACE). Definition
ROCE Lower than Borrowing Rate
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