T Limited gave the following figures. Net profit before interest: $29200 Profit for the year: $28000 Equity at the year-end: $192000 $6\%$ debentures: $20000 Calculate T Limited’s return on capital employed.
- A13.21\%
- B13.77\%
- C14.58\%
- D15.21\%
Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios
T Limited gave the following figures. Net profit before interest: $29200 Profit for the year: $28000 Equity at the year-end: $192000 $6\%$ debentures: $20000 Calculate T Limited’s return on capital employed.