Capital employed,represents the capital investment necessary for a business to function. Consequently, it is not a measure of assets, but of capital investment: stock or shares and long-term liabilities.
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Famous quotes containing the words capital and/or employed:
“Industry has operated against the artisan in favor of the idler, and also in favor of capital and against labor. Any mechanical invention whatsoever has been more harmful to humanity than a century of war.”
—Rémy De Gourmont (1858–1915)
“We are here lounging our time away, doing nothing, and having nothing to do. It gives me great regret to be passing my time so uselessly when it could have been so importantly employed at home.”
—Thomas Jefferson (1743–1826)