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In 200X,the Profit Before Tax = €95,interest Charged = €20,Capital

Question 4

Multiple Choice

In 200X,the profit before tax = €95,interest charged = €20,Capital employed = €1500,total current liabilities = €250 & Long term debt = €110.Calculate the return on equity.


A) 6.8%
B) 7.1%
C) 7.7%
D) 9.2%

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