How capital employed is calculated?

All of these

The correct answer is option 4- All of these.

Capital Employed refers to the total amount of capital used for the acquisition of profits in a business. It can be calculated in multiple acceptable ways, depending on the context and purpose. All the options listed are valid formulas under different approaches. The capital employed remains same whichever formula is used for calculation.

Capital Employed = Non-Current Assets + Working Capital (Current Assets– Current Liabilities)
Capital Employed = Shareholders’ Funds + Non-current liabilities