Multiple Choice
FCo had a profit of $100,000 before tax,after deducting $16,000 in interest expense.F Co's non-current liabilities and equity total $1,000,000.Return on capital employed,before interest and tax is:
A) 13%.
B) 11.6%.
C) 10%.
D) 9%.
Correct Answer:
Verified
Correct Answer:
Verified
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