Introduction to Relationship between Profitability and Efficiency
In our previous discussions concerning profitability ratios, we observe that return on capital employed (ROCE) is considered as a key ratio through many businesses.
The ratio is expressed as follow:
ROCE =( Operating profit/Long term capital employed) x 100
In which long-term capital contains share capital as well as reserves as well as long-term borrowings. This ratio can be broken down into two elements, as displayed in Figure below. The 1st ratio is the operating profit margin ratio and the 2nd is the sales revenue to capital employed (net asset turnover) ratio.
Diagram: the main elements of ROCE ratio
By breaking down the ROCE ratio in this way, we emphasize the fact that the overall return on funds used within the business will be determined both through the profitability of sales and through efficiency in the use of capital.
Latest technology based Financial Accounting Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Relationship Profitability and Efficiency homework help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Relationship Profitability and Efficiency, project ideas and tutorials. We provide email based Relationship Profitability and Efficiency homework help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Relationship Profitability and Efficiency. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Financial Accounting homework help and assignment help services. They use their experience, as they have solved thousands of the financial accounting assignments, which may help you to solve your complex issues of Relationship Profitability and Efficiency. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
Freshwater environment tutorial all along with the key concepts of Kinds of Freshwater, Lentic, Lotic, Wetlands, Freshwater Habitats and Sources of fresh water
Transfer pricing has supposed lot of significance today. For performance evaluation of a division or department it is one of the significant tools in the hands of management.
binary liquid solutions tutorial all along with the key concepts of completely miscible liquids, raoult's law, ideal solutions, non ideal solutions, liquid pairs showing deviation from raoult's law and ideal solutions of volatile solutes
tutorsglobe.com contagious diseases assignment help-homework help by online dairy tutors
we assure impeccable and plagiarism free environmental philosophy assignment help service that ensure nothing but a++ grades!
hire the finest organic chemistry assignment help service from skilled tutors to score notable grades at affordable prices.
Get in touch with our professional Microbial Ecology Assignment Help tutors and make your academic life stress-free at rational prices.
tutorsglobe.com chemical properties of halogen family assignment help-homework help by online halogen family tutors
a wire coated with an extremely thin insulating layer is termed as enamelled wire. the core material (‘wire’) is copper or aluminum, coated by a thin layer of a polyurethane, polyamide, or polyester resin - termed as “enamel”.
www.tutorsglobe.com offers Evolution of Programming Language homework help, assignment help, case study, writing homework help, online tutoring assistance by computer science tutors.
theory and lecture notes of concept of mos transistor all along with the key concepts of mosfet, source, gate, drain, operating modes of mos transistor, accumulation, depletion and inversion. tutorsglobe offers homework help, assignment help and tutor’s assistance on concept of mos transistor.
Theory and lecture notes of F distribution and F-test all along with the key concepts of F distribution, Avoiding Left Critical Values, F-Test, Tukey Test, Scheffe' Test, Within Group Variance, One-Way Analysis of Variance. Tutorsglobe offers homework help, assignment help and tutor’s assistance on F distribution and F-test.
There is a danger that non-executive directors will not provide an independent voice. They may come under the influence of the executive directors and fail to challenge decisions and so promote proper accountability.
Seeking for consistent Psychopathology Assignment Help service at rational prices? Relax and let PhD tutors do it for you!
Theory and lecture notes of Church-Turing Thesis all along with the key concepts of the church-turing thesis, Turing Machines, Effective calculability, Canonical systems, Recursive functions, Markov algorithms. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Church-Turing Thesis.
1945751
Questions Asked
3689
Tutors
1464550
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!