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

Analysis and communication of accounting information — practice question

The table gives figures at year end for a company. Statement of profit or loss: profit for the year $55\,200$ finance costs $12\,000$ Statement of financial position: total assets $350\,000$ total current liabilities $70\,000$ Calculate the return on capital employed (ROCE).

  • A$16.00\%$
  • B$19.20\%$
  • C$19.71\%$
  • D$24.00\%$

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