The table shows year end information for a company. Income statement: profit from operations 14000; finance costs (1500); loss on disposal of non-current asset ($2500); profit for the year $10000. Statement of financial position: 5% debenture 2020 $30000; ordinary share capital $70000; share premium account $15000; retained earnings $35000. What is the return on capital employed (ROCE)?
✓ Correct answer
C: 9.3%
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