每日一练F3 答案回复可见

The capital structure of a company at 30 June 2005 is as follows:
                                                                      $m
Ordinary share capital                                  100
Share premium account                                  40
Retained earnings                                           60
10% Loan notes                                              40
The company’s income statement for the year ended 30 June 2005 showed:
                                                                          $m
Operating profit                                                  44
Loan note interest                                               (4)
–––
Profit for year                                                      40
–––
What is the company’s return on capital employed?

A    40/240 = 162/3 per cent
B    40/100 = 40 per cent
C    44/240 = 181/3 per cent
D    44/200 = 22 per cent

C