Calculate the post-tax return on shareholders’ funds (to one decimal place). Is it:

a) 3.8%

b)==8:2%

‘ale sampp reys d= s7s1%o7 The following information is relevant to questions 13.1 to 13.3 inclusive. Extracts from Sigmund & Son Limited’s financial statements for 20X4 show the following:
£000 Gross profit 616.4 Various expenses (313.6)
Operating profit 302.8 Interest payable (35.0)
Profit on ordinary activities before taxation 267.8 Taxation (80.0)
Profit on ordinary activities after taxation 187.8 Dividends (100.0)
Retained profit 87.8 Share capital 500.0 Reserves 1 790.0 Long-term loan capital 350.0