A company's net income before interest & tax was OMR 400000 for its most recent year. The company's income statement included Income Tax Expense of OMR 140000 and Interest Expense of OMR 60000. At the beginning of the year the company's shareholders' equity was OMR 1900000 and at the end of the year it was OMR 2100000. Long term loan ( Debt) was OMR 800000. Calculate return on capital employed Select one: a. 13.7% b. 16.1% c. 11.7% d. 9.5%

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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A company's net income before interest & tax was OMR 400000 for its most recent year. The company's income statement included Income Tax Expense of OMR 140000 and Interest Expense of OMR 60000. At the beginning of the year the company's shareholders' equity was OMR 1900000 and at the end of the year it was OMR 2100000. Long term loan ( Debt) was OMR 800000.

Calculate return on capital employed

Select one:
a. 13.7%
b. 16.1%
c. 11.7%
d. 9.5%
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