(i) Return on capital employed

Discretion and return on capital.

Neither a return to capital on these assets or, equivalently, an opportunity cost of capital is recognized.

Exchange rate volatility can have adverse effects on foreign investment by increasing the degree of uncertainty associated with returns on capital.

The return on capital invested exceeds 100 per cent, and returns to family labour are 2 to 6 times higher than the average salary in sub-Saharan Africa.

As China’s “demographic dividend” disappears, its low-endlabor market is shrinking, driving up its once rock-bottom laborcosts and diminishing its rate of return on capital.

According to standard trade theory, a global labor glutought to imply an increased rate of return on capital, which againpushes interest rates up, not down.

New developments in the banking sector, such as the introduction of Basel II regulations in 2007 and the trend towards the use of risk-adjusted return on capital (RAROC), will have an impact on the lending strategies of international banks.

He said that in the research and technology development stage, public money may be used when the availability of private-sector funding is limited because there is no return on capital investment and the technical risks are high.

(d) Also endorsed the list of issues to be updated and recommended that it be open-ended so as to include additional items like consumer durables, treatment of military equipment, and return on capital assets of general government in order to ensure full accounting on general government;