Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

The following information was supplied by a company. Operating profit $109000 Interest charges paid $12000 Issued share capital $250000 Overall reserves $129000 $5\%$ debentures amounting to $60000 Calculate the return on capital employed (ROCE) to two decimal places.

  • A22.10%
  • B24.83%
  • C25.59%
  • D28.76%

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