A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2011 · Q191 Mark

A company's profit from operations was $128 000. Interest payable was $8000. The following amounts were included in the company's balance sheet. $ non-current assets 485 000 net current assets 27 000 non current liabilities 80 000 How much is the return on the total capital employed?

A20.3%

B21.6%

C23.4%

D25.0%

✓ Correct answer

D: 25.0%

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Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2011 Paper 1 Variant 2, question 19.

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A company's profit from operations was $128 000. Interest payable was $8000. The following amounts were included in the company's balance sheet. $ non-current assets 485 000 net current assets 27 000 non current liabilities 80 000 How much is the return on the total capital employed?

✓ Correct answer

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