20 A business provided the following information at the year end. $ non-current assets 75...
90.2K
Verified Solution
Link Copied!
Question
Accounting
20 A business provided the following information at the year end. $ non-current assets 75 000 current assets 25000 current liabilities 18 000 profit for the year 28 000 There were no interest charges for the year. What was the return on capital employed? A 23.73% B 28.00% C 34.15% D 37.33%
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
