There is a correction to the above answer...Formula is ROE= profit/equity

What is the difference between ROE(Return on Equity) and
ROCE(Return on Capital Employed)?

Question Posted / darshan

Answer Posted / darshan

There is a correction to the above answer...Formula is
ROE= profit/equity
ROCE= profit/owners fund + borrowed fund

Is This Answer Correct ?

32 Yes

11 No

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