The capital of the company is made up of $50,000 ordinary shares, $55,000 preference shares, $35.000 debentures and 540,
Posted: Mon May 02, 2022 7:32 am
The capital of the company is made up of $50,000 ordinary shares, $55,000 preference shares, $35.000 debentures and 540,000 reserves. During the year, it makes a profit of $9,000 after all interest totaling $3,000 has been charged but before tax is taken out. The return on capital employed for this company is: Oa5.00% Ob827% Oc6.20% Od 6.67%