Provide correct answer general Accounting question Blue Star Ltd had sales of 80,000. They made a gross profitof 35,000, and their operating profit was 12,000. Theircapital employed was 100,000. Calculate Blue Star's returnon capital employed.a) 12%b) 15%c) 35%d) 80%

Step 1: Define Return on Capital Employed (ROCE)Return on Capital Employed (ROCE) measures a…

Answered: Blue Star Ltd had sales of 80,000. They…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...

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Blue Star Ltd had sales of 80,000. They made a gross profit of 35,000, and their operating profit was 12,000. Their capital employed was 100,000. Calculate Blue Star's return on capital employed. a) 12% b) 15% c) 35% d) 80%