The above particulars are obtained from the books of XLtd. as at 31st March,2022.Net profit after payment of interest and tax for currentyear is $204,000 qith a tax rate of 40%. Calculate ROI(return on investment)Select one:a) 12.75%b) 37.43%c) 51%d) 21.47% 40,000 Equity Shares of ₹10 each12% Preference Share CapitalReserveProfit & Loss Balance15% Long term BorrowingsLong term Provisions4,00.0001,60,00050,0002,00,0001,00,00040,000

Return on investment or ROI means the financial benefit of the investment before accounting for…

Answered: return on investment

Business

Accounting

return on investment

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The above particulars are obtained from the books of X
Ltd. as at 31st March,2022.
Net profit after payment of interest and tax for current
year is $204,000 qith a tax rate of 40%. Calculate ROI
(return on investment)
Select one:
a) 12.75%
b) 37.43%
c) 51%
d) 21.47%

40,000 Equity Shares of ₹10 each
12% Preference Share Capital
Reserve
Profit & Loss Balance
15% Long term Borrowings
Long term Provisions
4,00.000
1,60,000
50,000
2,00,000
1,00,000
40,000

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