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

Analysis and communication of accounting information — practice question

A company’s financial statements gave the following figures: current liabilities $15\,000$; non-current liabilities $40\,000$; ordinary shares $120\,000$; general reserve $10\,000$; retained earnings $46\,000$; interest paid $11\,000$. Profit for the year was $23\,000$. Calculate the return on capital employed.

  • A$10.65\%$
  • B$13.07\%$
  • C$15.74\%$
  • D$19.32\%$

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