The table sets out year-end figures for a company. Income statement figures: Operating profit: $14000$ Finance costs incurred: $(1500)$ Loss arising on disposal of non-current asset: $(2500)$ Profit for the year: $10000$ Statement of financial position details: $5\%$ debenture 2020: $30000$ Ordinary share capital recorded at: $70000$ Share premium account: $15000$ Retained earnings: $35000$ Calculate the return on capital employed (ROCE).
- A$6.7\%$
- B$8.3\%$
- C$9.3\%$
- D$11.7\%$