From the books of Raja & Co., following details as on 31 st March, 2016 are collected: Equity share capital : ₹20,00,000 Retained earnings : ₹10,00,000 10% Debentures : ₹20,00,000 Current liabilities : ₹10,00,000 Pro
CS Executive · Cost and Management Accounting · PYQS · December 2016
From the books of Raja & Co., following details as on 31 st March, 2016 are collected: Equity share capital : ₹20,00,000 Retained earnings : ₹10,00,000 10% Debentures : ₹20,00,000 Current liabilities : ₹10,00,000 Profit before interest and tax : ₹12,00,000 Interest : ₹1,60,000 Tax : ₹3,12,000 The rate of return on capital employed will be —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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