Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

A trader supplied the information below. profit earned in the year: $24\,000$ working capital: $20\,000$ capital: $120\,000$ non-current liability: $30\,000$ Calculate the return on capital employed.

  • A$14.12\%$
  • B$16.00\%$
  • C$17.14\%$
  • D$20.00\%$

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