A-LevelAccountingFinancial Statements Analysis (Ratios)May/June 2011Paper 1 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%
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The correct answer is D. This question tests the candidate's understanding of financial statements analysis (ratios) within the Accountingsyllabus. The examiner's mark scheme requires...
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