Wayne supplied the details shown 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