The following extracts are from Hassan’s financial statements: Profit before interest and tax 10,200 Interest (1,600) Tax (3,300) ––––––– Profit after tax 5,300 ––––––– Share capital Reserves 20,000 15,600 ––––––– Loan liability 35,600 6,900 ––––––– 42,500 What is Hassan’s return on capital employed? ––––––– A 15% B 29% C 24% D 12%

The following extracts are from Hassan’s financial statements: Profit before interest and tax 10,200 Interest (1,600) Tax (3,300) ––––––– Profit after tax 5,300 ––––––– Share capital Reserves 20,000 15,600 ––––––– Loan liability 35,600 6,900 ––––––– 42,500 What is Hassan’s return on capital employed? ––––––– A 15% B 29% C 24% D 12%

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter18: Corporations: Organization And Capital Structure

Section: Chapter Questions

Problem 2BCRQ

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bartleby, a Learneo, Inc. business

Profit before interest and tax	10,200
Interest	(1,600)
Tax	(3,300) –––––––
Profit after tax	5,300 –––––––
Share capital Reserves	20,000 15,600 –––––––
Loan liability	35,600 6,900 ––––––– 42,500
What is Hassan’s return on capital employed?	–––––––