Profit before interest and tax of AB Ltd. was ₹3,40,000. Their net fixed assets were ₹2,10,00,000 and working capital was ₹27,70,000. Return on investments $=?$

CS Executive · Cost and Management Accounting · PYQS · June 2018
Profit before interest and tax of AB Ltd. was ₹3,40,000. Their net fixed assets were ₹2,10,00,000 and working capital was ₹27,70,000. Return on investments $=?$
(A) 1.34%
(B) 0.57%
(C) 1.43%
(D) 1.57%

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost and Management Accounting

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