begin array c c text Net profit amp 60 000 hlin... - WAEC Accounting 2013 Question
\(\begin{array}{c|c}
\text{Net profit} & 60,000 \
\hline
\text{Total assets} & 520,000 \
\hline
\text{Current liabilities} & 150,000 \
\hline
\text{Currents assets} & 280,000 \
\end{array}\)
The returns on capital employed is
\text{Net profit} & 60,000 \
\hline
\text{Total assets} & 520,000 \
\hline
\text{Current liabilities} & 150,000 \
\hline
\text{Currents assets} & 280,000 \
\end{array}\)
The returns on capital employed is
A
17.2%
B
16.2%
C
15.2%
D
11.2%
correct option: b
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