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:
“If Los Angeles has been called the capital of crackpots and the metropolis of isms, the native Angeleno can not fairly attribute all of the citys idiosyncrasies to the newcomerat least not so long as he consults the crystal ball for guidance in his business dealings and his wife goes shopping downtown in beach pajamas.”
—For the State of California, U.S. public relief program (1935-1943)
“The innocence of those who grind the faces of the poor, but refrain from pinching the bottoms of their neighbours wives! The innocence of Ford, the innocence of Rockefeller! The nineteenth century was the Age of Innocencethat sort of innocence. With the result that were now almost ready to say that a man is seldom more innocently employed than when making love.”
—Aldous Huxley (18941963)