O-LevelAccountingAnalysis and interpretationOct/Nov 2021Paper 1 Q291 Mark
Which information is required to calculate the return on capital employed for a sole trader?
Agross profit, non-current liabilities, owner's capital
Bgross profit, non-current liabilities, working capital
Coperating profit for the year, non-current liabilities, owner's capital
Doperating profit for the year, non-current liabilities, working capital
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of analysis and interpretation within the Accountingsyllabus. The examiner's mark scheme requires...
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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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