Advantages. The relationship between gross This ratio measures a return on owner's or shareholders' investment. It establishes the Return on Capital Employed = Net Profit after Taxes/ Gross Capital Employed X. Definition of return on capital employed in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is return on capital employed?. 1 (a) What is meant by ' Return on Capital Employed '? . Clear Understanding . (c) Identify and explain two advantages to Halitec of using flow production. .