A-LevelAccountingInterpretation of Financial StatementsFeb/Mar 2019Paper 1 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
The correct answer is B. This question tests the candidate's understanding of interpretation of financial statements within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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