Can someone help in FRA CFA book page number 404 solution 11,Can some one explain that to me.How did they get 31% and also the whole calculation part.
31% Is the avg capital employed over 3 years
(15805/49380+ …+ …)/3
Can someone help in FRA CFA book page number 404 solution 11,Can some one explain that to me.How did they get 31% and also the whole calculation part.
31% Is the avg capital employed over 3 years
(15805/49380+ …+ …)/3