Which of the following is not true? Asset employed is equal to
A)Non-current liabilities + shareholder's equity
B)Total assets - current liabilities
C)Non-current assets + working capital
D)Shareholder's equity -current liabilities

Question

Quizplus · Accepted Answer

Asset employed is typically calculated as total assets minus current liabilities, or as non-current liabilities plus shareholder's equity. Shareholder's equity minus current liabilities does not represent asset employed.

Which of the Following Is Not True? Asset Employed Is