O-LevelAccountingAnalysis and interpretation7707/12 · May/June 2023 · Q321 Mark

T Limited provided the following information. net profit before interest 29 200 profit for the year 28000 equity at the year-end 192000 6% debentures 20000 What was T Limited's return on capital employed?

A13.21%

B13.77%

C14.58%

D15.21%

✓ Correct answer

B: 13.77%

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2023 Paper 1 Variant 2, question 32.

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