The following extracts are from Hassan's financial statements: Profit before interest and tax 10,200 (1,600) (3,300) Interest Таx Profit after tax 5,300 Share capital 20,000 Reserves 15,600 35,500 Loan liability 6,900 42,500 What is Hassan's return on capital employed? %24
The following extracts are from Hassan's financial statements: Profit before interest and tax 10,200 (1,600) (3,300) Interest Таx Profit after tax 5,300 Share capital 20,000 Reserves 15,600 35,500 Loan liability 6,900 42,500 What is Hassan's return on capital employed? %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following extracts are from Hassan's financial statements:
$
Profit before interest and tax
10,200
(1,600)
(3,300)
Interest
Таx
Profit after tax
5,300
$
Share capital
20,000
Reserves
15,600
35,500
Loan liability
6,900
42,500
What is Hassan's return on capital employed?
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