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business1

  • 3 years ago

when computing ROC, deduct cash from book value of debt + equity? thanks

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  1. Aswath
    • 3 years ago
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    Yes. Deduct cash.

  2. business1
    • 3 years ago
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    thank you

  3. dakshmahajan
    • 3 years ago
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    why we need to deduct cash.. to calculate ROC

  4. business1
    • 3 years ago
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    you already get return on cash by keeping it in treasury bills. cash is therefore not working capital.

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