R Co had a profit of $100,000 before tax, after deducting $18,000 in interest expense. R Co's non-current liabilities and equity total $1,000,000. Return on capital employed, before interest and tax is:
A) 13%.
B) 11.8%.
C) 10%.
D) 9%.
Correct Answer:
Verified
Q1: Why is interest added back to profit
Q2: Which of these is not an efficiency
Q4: Operating profit before interest and taxation, divided
Q5: A firm has total assets of $800,000
Q6: Place the key steps in financial ratio
Q7: A firm has total assets of $900,000
Q8: Which ratios measure the degree of risk
Q9: The formula for gross profit margin is
Q10: The incorrect statement concerning financial ratios is:
A)A
Q11: Calculate the return on capital employed if
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents