The following extracts are from Hassan's financial statements: Profit before interest and tax 10,200 (1,600) (3,300) Interest Таx Profit after tax 5,300 Share capital 20,000 Reserves 15,600 35,500 Loan liability 6,900 42,500 What is Hassan's return on capital employed? %24

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter14: Long-term Liabilities: Bonds And Notes
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The following extracts are from Hassan's financial statements:
$
Profit before interest and tax
10,200
(1,600)
(3,300)
Interest
Таx
Profit after tax
5,300
$
Share capital
20,000
Reserves
15,600
35,500
Loan liability
6,900
42,500
What is Hassan's return on capital employed?
Transcribed Image Text:The following extracts are from Hassan's financial statements: $ Profit before interest and tax 10,200 (1,600) (3,300) Interest Таx Profit after tax 5,300 $ Share capital 20,000 Reserves 15,600 35,500 Loan liability 6,900 42,500 What is Hassan's return on capital employed?
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