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The comparative financial statements of Pickering Printing Ltd. for 20X8 and 20X7 include the following select data: (Click the icon to view the comparative financial
The comparative financial statements of Pickering Printing Ltd. for 20X8 and 20X7 include the following select data: (Click the icon to view the comparative financial data.) Requirement: Compute the following ratios for 20X8 and 20X7: a. Return on Capital Employed (ROCE) b. Return on Shareholders' Funds (ROSF) a. Calculate the Return on Capital Employed. (Round your final answer to 2 decimal places.) 20X8 20X7 ROCE b. Calculate the Return on Shareholders' Funds. (Round your final answer to 2 decimal places.) 20x8 ROSE 20X7 = More info (in thousands) 20x8 20X7 1,000 Statement of financial position Share capital Reserves Non-current liabilities 1,000 6,500 7,300 4.240 3,180 Statement of income Revenue 17,520 15,420 12,720 9,540 Gross profit Operating profit Profit for the year 2,544 2,332 1,908 1,749 Print Done Time Remaining: 01:11:22 Next
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