A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2018 · Q191 Mark

A company's financial statements show the following. profit before interest $125378 profit for the year $120426 200 000 ordinary shares $1 each $200 000 retained earnings $191982 debentures $150 000 What is the return on capital employed (ROCE)?

A22.22%

B23.13%

C30.72%

D31.99%

✓ Correct answer

B: 23.13%

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Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2018 Paper 1 Variant 2, question 19.

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