Return on Capital: Do you use total Assets or Shareholder's Equity? - 【CFA学习交流讨论】 - CFA论坛

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发表于 2011-7-11 19:47 | 显示全部帖子

Ya, well I should have said liabilities instead of debt. You get the point.

If it's non-monetary current liabilities, it's a part of NWC. Which again is capital.

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