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  1. rizwan abdul razzak

    Accounting paper 22 discussions here.

    welcome. :)
  2. rizwan abdul razzak

    Accounting paper 22 discussions here.

    the roce ratio was given and you calculated the operating profit in the first part.. right?? you sustitute in the roce formula to get the capital employed which includes the long term loan.
  3. rizwan abdul razzak

    Accounting paper 22 discussions here.

    the right way of calculating the value of non current assets in Q:no-1 was we need to find the capital employed through the ROCE ratio. loan is already added in that and we need to add the trade payables to the figure and then deduct the trade recievables. Assets= Capital + Liabilities. I wasn't...
  4. rizwan abdul razzak

    Accounting paper 22 discussions here.

    but according to the changes in the syllabus we dont need to take accrued interest in the income statement. :P
  5. rizwan abdul razzak

    Accounting paper 22 discussions here.

    its wasn't mentioned that the interest on loan has not been accounted for in the P and L. so y do we need to deduct??
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