The amount of profit is based on the basis of the operating results of the whole year while average capital employed is taken as the average of the capital of two dates; i.e. capitals employed in the beginning of the accounting year and capital employed at the end of the accounting period.
Details
- Publication Date
- Jun 12, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
Specifications
- Format