ROCE is used to prove the value the business gains from its assets and liabilities, a business which owns lots of land but has little profit will have a smaller ROCE to a business which owns little land but makes the same profit.
ROCE is used to prove the value. The business gains from its assets and liabilities will have a smaller ROCE to a business the value. This business owns little land. This business makes the same profit. Its assets and liabilities are a business. This business owns lots of land. This business has little profit.