O-LevelAccountingAnalysis and interpretation7707/12 · Oct/Nov 2014 · Q281 Mark

How is the return on capital employed (ROCE) calculated?

Anet profit / non-current assets x 100 / 1

Bnet profit / non-current assets + current assets x 100 / 1

Cnet profit / non-current assets - current liabilities x 100 / 1

Dnet profit / non-current assets + current assets - current liabilities x 100 / 1

✓ Correct answer

D: net profit / non-current assets + current assets - current liabilities x 100 / 1

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2014 Paper 1 Variant 2, question 28.

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