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  3. which of the statements arising from a third level

Which of the statements arising from a third level break down of ROCE is NOT...

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Finance

  1. Which of the statements arising from a third level break down of ROCE is NOT true?

1.

A reduction in the Accounts Payable balance will result in an increase in ROCE, assuming all else remains unchanged

2.

A reduction in production costs will result in an increase in ROCE, assuming all else remains unchanged

3.

An increase in Accounts Receivable turnover will result in an increase in ROCE, assuming all else remains unchanged

4.

A decrease in the inventory balance will lead to an increase in ROCE, assuming all else remains unchanged

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