What 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 ?