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A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2023 · Q221 Mark

The table shows information from a company's financial statements. $000 revenue 135 gross profit 34 profit from operations 11 profit for the year 8 non-current assets 59 current assets 50 non-current liabilities 12 current liabilities 40 What is the return on capital employed?

A8.1%
B11.3%
C14.0%
D15.9%

✓ Correct answer

D: 15.9%

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About this question

Topic
Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2023 Paper 1 Variant 2, question 22.

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