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Very often, Return On Capital Employed (ROCE) or also known as Return On Investment (ROI) is used in many divisional performance evaluation as ROCE measures the relationship between a division’s profit and the amount of the group has invested in the division. At a quick glance profit percentage of capital employed, profit % of sales and sales [...] |
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach. |
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