A business had the following figures available: equity: $90625$ non-current liabilities: $36250$ profit from operations: $24375$ profit for the year: $18125$ Calculate the return on capital employed.
- A$14.3\%$
- B$19.2\%$
- C$20\%$
- D$26.9\%$
Accounting 9706 · AS & A Level · Analysis and communication of accounting information
A business had the following figures available: equity: $90625$ non-current liabilities: $36250$ profit from operations: $24375$ profit for the year: $18125$ Calculate the return on capital employed.