Question

You are required to calculate return on capital employed from the following:
Net profit after tax = Rs. 3,00,000 Rate of income tax = 50% 5000 8% convertible debentures of Rs100 each, fully paid up = Rs. 5,00,000 Current assets =Rs. 5,50,000 Current liabilities = RS. 2,50,000 Fixed assets (at cost) =Rs. 10,25,000 Depreciation up to date = Rs.1,25,000
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Answer 1

Answer:

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