X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 interest expense $ 20,000 Tax $ 10,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $ 500,000 Retained earnings $ 300,000 the returns on capital employed ratio
X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 interest expense $ 20,000 Tax $ 10,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $ 500,000 Retained earnings $ 300,000 the returns on capital employed ratio
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
X Co. has the following information:
Sale $ 1,200,000
Cost of sales $800,000
Operating expenses $200,000
interest expense $ 20,000
Tax $ 10,000
current liabilities $120,000
Non-current liabilities $200,000
share capital $ 500,000
Retained earnings $ 300,000
the returns on capital employed ratio is
a.
15.18%
b.
17%
c.
21.25%
d.
1.5 x
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