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

Analysis and communication of accounting information — practice question

At the end of the year, a business gave the following information. Non-current assets $75000 Current assets $25000 Current liabilities $18000 Profit for the year $28000 No interest charges were incurred during the year. Calculate the return on capital employed.

  • A23.73%
  • B28.00%
  • C34.15%
  • D37.33%

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