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

Analysis and communication of accounting information — practice question

A limited company recorded a return on capital employed of $5$% in the previous financial year. Further information is given below. equity $1000000$ $10$% debentures $200000$ finance costs $20000$ taxation $10000$ What was the company’s profit for the year?

  • A$20000$
  • B$30000$
  • C$80000$
  • D$90000$

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