What is the formula to calculate Net Fixed Assets and Return on Capital Employed?
Law Aspire (CS) (755 Points)
11 September 2018What is the formula to calculate Net Fixed Assets and Return on Capital Employed?
Pranjali
(intern)
(2216 Points)
Replied 11 September 2018
Net fixed assets can simply be calculated as- total fixed assets- accumulated depriciation. and return on capital employed is calculated as EBIT/ Total capital employed. Please feel free to ask if you need the detailed calculations for these :)
Law Aspire
(CS)
(755 Points)
Replied 12 September 2018
the amount which is shown in a balance sheet of company for fixed assets is equal to net fixed asssets ?