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    Practical Financial Management Study Set 1
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    Exam 14: Capital Structure and Leverage
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    The ROCE Measures the Profitability of Operations Before Financing Charges
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The ROCE Measures the Profitability of Operations Before Financing Charges

Question 147

Question 147

True/False

The ROCE measures the profitability of operations before financing charges but after taxes on a basis comparable to ROE.

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