14.3 Calculate the return on total capital invested (to one decimal place). Is it: a) 8.2% b)...
Question:
14.3 Calculate the return on total capital invested (to one decimal place). Is it:
a) 8.2%
b) 11.5%
c) 13.2%
d) 10.1%?
The following information is relevant to questions 14.4A to 14.6A inclusive. Extracts from Sinclair Salter Limited's financial statements for 20X3 show the following:
£000 Gross profit 896.4 Various expenses (606.8)
Operating profit 289.6 Interest payable (93.0)
Profit on ordinary activities before taxation 196.6 Taxation (60.0)
Profit on ordinary activities after taxation 136.6 Dividends (40.0)
Retained profit 96.6 Share capital 100.0 Reserves 1 170.0 Long-term loan capital 900.0
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Related Book For
Business Accounting And Finance For Non Specialists
ISBN: 9781861528728
1st Edition
Authors: Catherine Gowthorpe
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