Val Ltd Made an Operating Profit of £3,490,000 for the Year

Multiple Choice

Val Ltd made an operating profit of £3,490,000 for the year ended 31 December 2024. An extract from the company's statement of financial position as at 31 December 2024, was as follows:
Financed by:
The company has no long-term loans. The return on capital employed for the year ended 31 December 2024 was:

A) 43.6%.
B) 18.7%.
C) 33.5%.
D) 16.5%.