Mathematics · Accounting and Auditing
From the following financial information, compute the Return on Total Capital Employed (ROCE): Net Profit: ₹1,00,000 Provision for tax: ₹1,00,000 Income from Investment: ₹10,000 Fixed Assets: ₹4,50,000 Current Assets: ₹1,50,000 Interest on debenture: ₹10,000 Reserves: ₹1,00,000
- 140%✓
- 260%
- 350%
- 430%
Correct answer
40%
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