Financial and Management Accounting

1: Capital employed equals 1. Fixed Assets + Working Capital 2. Long-term debt + Share Capital + Reserves & Surplus - Fictitious Assets - Non-business Assets 3. Tangible Fixed and Intangible Assets + Current Assets - Current liabilities  Select the correct answer using the codes given below:
A.

1 and 2

B.

2 and 3

C.

1 and 3

D.

1,2 and 3

 

Answer : D

Explanation :

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Option: A

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