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

Analysis and communication of accounting information — practice question

For G Limited, the information below relates to the year ending 31 December 2019. Share capital $275000, long-term bank loan $180000, current liabilities $120000, profit from operations $244000, bank loan interest $34000, retained earnings including profit for the year $400000. What was the return on capital employed?

  • A21.54%
  • B24.56%
  • C25.03%
  • D28.54%

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