Question
Using the following data, calculate Return on total Capital Employed (ROCE): Shareholders' funds 100,000 10% Loan 200,000 Current Liabilities 100,000 Net Profit before Interest and
Using the following data, calculate Return on total Capital Employed (ROCE):
Shareholders' funds
100,000
10% Loan
200,000
Current Liabilities
100,000
Net Profit before Interest and Taxes
50,000
Taxation Rate
30%
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
