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

Analysis and communication of accounting information — practice question

A company’s financial statements show the figures below: profit for the year: $245000$ finance costs: $120000$ preference share capital: $220000$ ordinary share capital: $850000$ general reserves: $140000$ retained earnings: $260000$ Calculate the return on capital employed (ROCE).

  • A$16.67\%$
  • B$22.90\%$
  • C$24.83\%$
  • D$34.11\%$

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