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1 . Venon Ltd , a manufacturer, reported net income for Year 6 of K 1 6 0 0 0 0 on sales of K

1. Venon Ltd, a manufacturer, reported net income for Year 6 of K160000 on sales of K435000. It declared preferred dividends of K27.5. Preferred shareholders equity totaled K250000 at both the beginning and end of Year 6. Common shareholders equity totaled K300000 at the beginning of Year 6 and K370000 at the end of Year 4. Venon Ltd had no non-controlling interest in its equity. The companys total assets were K1500000 at the beginning of Year 6 and K1550000 at the end of Year 6. Compute the rate of ROCE for Year 6 and disaggregate it into profit margin for ROCE, assets turnover, and capital structure leverage ratio components.

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