Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

The details below were supplied about a trader. profit earned during 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%

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