Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

A trader gave the details below. Profit earned in the year: $24\,000$ Working capital: $20\,000$ Capital: $120\,000$ Non-current liability: $30\,000$ What was the return on capital employed?

A14.12%
B16.00%
C17.14%
D20.00%

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

Full mark scheme, point by point
Step-by-step worked solution
Write your answer & get it marked instantly by AI