The following are extracts from the financial statements for the year ended 31 January 20X3 of M:

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$'000

Issued ordinary shares of $1,200

Share premium account 50

Retained profit 25

Loan stock 80

Profit before interest for the year ended 31 January 20X3 60

What is the return on total capital employed?

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Managerial Accounting Decision Making and Performance Management

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Authors: Ray Proctor

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Posted Date: Feb 12, 2021 02:15 PM

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The following are extracts from the financial statements for the year ended 31 January 20X3 of M:

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The return of capital employed is 443 Explanation The return of capi... View the full answer

Managerial Accounting Decision Making and Performance Management

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