14.7 Shania would like to invest in a company that will give her a good rate of return on her investment. She has collected information on four companies. Extracts from their most recent financial statements are given below:

Ambit Ltd Bolsover Ltd Carcan Ltd Delphic Ltd Operating profit Interest

£000 983.6

(180.0)

£000 647.8

(107.0)

£000 726.8

(151.0)

£000 1 061.4 (206.0)

Profit before taxation Taxation 803.6

(240.0)

540.8

(160.0)

575.8

(170.0)

855.4

(250.0)

Profit after taxation 563.6 380.8 405.8 605.4 Share capital Reserves Long-term loans 80.0 4 550.0 2 400.0 95.0 3 881.0 1 250.0 86.0 3 928.0 1 820.0 60.0 7 000.0 2 500.0 Which company currently has the highest pre-tax return on shareholders' funds?

a) Ambit Limited

b) Bolsover Limited

c) Carcan Limited

d) Delphic Limited.