A-LevelAccountingAnalysis and communication of accounting information9706/12 · Feb/Mar 2019 · Q201 Mark
A company provided the following information. $ profit from operations 109000 interest paid 12000 share capital 250000 total reserves 129000 5% debentures 60000 What was the return on capital employed (ROCE) to two decimal places?
A22.10%
B24.83%
C25.59%
D28.76%
✓ Correct answer
B: 24.83%
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