The following are extracts from the financial statements for the year ended 31 January 20X3 of M: $'000 Issued ordinary shares of $1 200 Share premium account 50 Retained profit 25 Loan stock 80 Profit before interest for the year ended 31 January 20X3 60 What is the return on total capital employed?

Intermediate Accounting: Reporting And Analysis
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Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
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Chapter16: Retained Earnings And Earnings Per Share
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Problem 12RE: Given the following year-end information, compute Greenwood Corporations basic and diluted earnings...
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The following are extracts from the financial statements for the year ended 31 January 20X3 of M:

$'000

Issued ordinary shares of $1 200

Share premium account 50

Retained profit 25

Loan stock 80

Profit before interest for the year ended 31 January 20X3 60

What is the return on total capital employed?

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