Wayne gave the details below. non-current assets: $110\,000$ current assets: $25\,000$ current liabilities: $15\,000$ profit for the year: $23\,000$ What was the return on capital employed?
- A$15.33\%$
- B$19.17\%$
- C$23.00\%$
- D$32.86\%$
Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios