Hi,
Kindly explain how to prepare ROCE REPORT and what is the FORMULA to it?
In this Profit after Tax means, shall we consider NET PROFIT which we are using Tally ERP.
Pl. suggest and educate me.
Thanks!
1 Replies
amit aggarwal
(Tax Professional)
(80 Points)
Replied 28 July 2015
You can use simple formula to calculate roce. It's EBIT/capital employed
For EBIT just use your net profit of tally and add back any interest paid to finance the business. Also add back income tax for the year which you have charged to your tally pl.
For capital employed you can use sum total of equity and debt.
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