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Clancy Ltd made an operating profit of 5,200,000 for the year ended 31 December 2023....

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Accounting

Clancy Ltd made an operating profit of 5,200,000 for the year ended 31 December 2023. An extract from the company's statement of financial position as at 31 December 2023, was as follows:
Financed by:
000
Issued ordinary share capital
15,000
Share premium account
4,300
Retained profit
14,350
33,650
The company has no long-term loans. The return on capital employed for the year ended 31 December 2023 was:
34.7%
41.3%
15.5%
26.9%

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