Home » Accounts (Principles of Accounts) » (begin{array}{c|c} text{Net profit} & 60,000 \ hline text{Total assets} & 520,000 \ hline text{Current liabilities}…

(begin{array}{c|c} text{Net profit} & 60,000 \ hline text{Total assets} & 520,000 \ hline text{Current liabilities}…

(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
  • A.
    17.2%
  • B.
    16.2%
  • C.
    15.2%
  • D.
    11.2%
Correct Answer: Option B
Explanation