O-LevelAccountingAnalysis and interpretation7707/13 · Oct/Nov 2024 · Q311 Mark

Wayne provided the following information. non-current assets $110000 current assets $25000 current liabilities $15000 profit for the year $23000 What was the return on capital employed?

A15.33%

B19.17%

C23.00%

D32.86%

✓ Correct answer

B: 19.17%

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2024 Paper 1 Variant 3, question 31.

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