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

Analysis and communication of accounting information — practice question

At 31 December, the year-end statement of financial position for X Limited shows the following figures: non-current assets $1350000 current assets $140000 ordinary share capital $900000 general reserve $150000 long-term loan $200000 current liabilities $90000 retained earnings $150000 For the year, profit from operations was $65000 and finance costs were $20000. Calculate the return on capital employed for the year.

  • A3.21%
  • B4.64%
  • C5.7%
  • D5.91%

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