How to calculate total assets from income statement?
I was given a question,,
They gave us a forcast income statement for the nxt 5 yrs,,
These income statements includes the following respectively:
Revenue
Purchase and change in inventory
Labour
Operating tax
Other changes
Total expense to be paid
Ebitda
Amortization and depreciation
Ebit
Other information
Acquisition of tangible assets
Normative corporate income tax
The third table:
Net capital investment
Working capital
Change in working capital
I want to find out the total assets in order to get ROCE which stands for return on capital employed,,
If u help me to answer this question tell how to find the ROCE , h have to submit the answer before 11 pm o'clock eastern timing