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R Co Had a Profit of $100,000 Before Tax, After

Question 24

Multiple Choice

R Co had a profit of $100,000 before tax, after deducting $18,000 in interest expense. R Co's non-current liabilities and equity total $1,000,000. Return on capital employed, before interest and tax is:


A) 13%.
B) 11.8%.
C) 10%.
D) 9%.

Correct Answer:

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