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:
“The basis of world peace is the teaching which runs through almost all the great religions of the world. “Love thy neighbor as thyself.” Christ, some of the other great Jewish teachers, Buddha, all preached it. Their followers forgot it. What is the trouble between capital and labor, what is the trouble in many of our communities, but rather a universal forgetting that this teaching is one of our first obligations.”
—Eleanor Roosevelt (1884–1962)
“It appeared that he had once represented his tribe at Augusta, and also once at Washington, where he had met some Western chiefs. He had been consulted at Augusta, and gave advice, which he said was followed, respecting the eastern boundary of Maine, as determined by highlands and streams, at the time of the difficulties on that side. He was employed with the surveyors on the line. Also he called on Daniel Webster in Boston, at the time of his Bunker Hill oration.”
—Henry David Thoreau (1817–1862)