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MC Question 10
The following ratios have been calculated for a company:
| Gross profit margin | 42% |
| Operating profit margin | 28% |
| Gearing (debt/equity) | 40% |
| Asset turnover | 65% |
What is the return on capital employed for the company?
A. 27·3%
B. 18·2%
C. 11·2%
D. 16·8%