Operating Profit ----------------------------- 648750
Interest Payable ---------------------------- (55000)
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Profit before Tax --------------------------- 593750
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Total assets less current liabilities ------- 4200000
10% loan notes ------------------------------500000
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Net Assets -------------------------------3700000
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What is the Return On Capital Employed


Thanks

That question is a little bit puzzled because you have a figure for net assets and still a figure for total assets less current liabilities and still have operating profit.. so you need to rephrase this question it is quite tricky can't help

Please start by writing out the formula, filling in the numbers, and posting your work. We'll check it and let you know if it's right, or if there is something that needs explaining we can help you. Thanks.