If Two Companies Had the Same Amount of Fixed Assets

question 23

True/False

If two companies had the same amount of fixed assets and the same profit,the company with the lower amount of working capital would have a higher return on capital employed (ROCE)

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Definitions:

Influencing Media

The act of affecting or shaping the content, perspective, or direction of media output through various forms of advocacy, communication, or strategic interaction.

Generating Publicity

The act of creating interest and awareness among the public or media about a person, product, or event, often through strategic communication and events.

Driving Business

Refers to the strategic actions and tactics employed by a company to promote growth, competitiveness, and profitability.

Triple Bottom Line

An accounting framework that considers social, environmental, and financial performance as measures of an organization’s success.