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

Analysis and communication of accounting information — practice question

The table provides data taken from a company’s financial statements: Revenue: $135\,(\$000)$ Gross profit: $34\,(\$000)$ Profit from operations: $11\,(\$000)$ Profit for the year: $8\,(\$000)$ Non-current assets: $59\,(\$000)$ Current assets: $50\,(\$000)$ Non-current liabilities: $12\,(\$000)$ Current liabilities: $40\,(\$000)$ Calculate the return on capital employed.

  • A$8.1\%$
  • B$11.3\%$
  • C$14.0\%$
  • D$15.9\%$

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI