Mathematics · Ratio Analysis
Calculate Return on Capital Employed (ROCE) based on the following information: Profit before interest and tax: $4,000 Operating profit: $3,500 Equity: $15,000 Non-current liabilities: $3,600 What is the ROCE?
- 116.0%
- 221.5%✓
- 314.0%
- 423.0%
Correct answer
21.5%
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