From the following information find out the return on capital employed : Net profit after tax ₹2,40,000 (Tax Rate 40%) 10% Convertible debentures ₹5,15,000 Fixed assets at cost price ₹11,20,000 Accumulated depreciation t

CS Executive · Corporate and Management Accounting · PYQS · December 2022
From the following information find out the return on capital employed : Net profit after tax ₹2,40,000 (Tax Rate 40%) 10% Convertible debentures ₹5,15,000 Fixed assets at cost price ₹11,20,000 Accumulated depreciation till date ₹1,80,000 Working capital ₹3,50,000
(A) 18.6%
(B) 22.6%
(C) 31%
(D) 35%

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Statements Analysis

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