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MC Question 14
Peach Co’s latest results are as follows:
| $000 | |
|---|---|
| Profit before interest and taxation | 2,500 |
| Profit before taxation | 2,250 |
| Profit after tax | 1,400 |
| $000 | |
|---|---|
| Equity | 10,000 |
| Non-current liabilities | 2,500 |
What is Peach Co’s return on capital employed (ROCE)?
A. 14%
B. 18%
C. 20%
D. 25%