WAEC Commerce 2013 Objective — Question 4
Question 4 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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The PW company Ltd. Achieved the following result in 2012: Sales ₦100,000 Profits ₦5,000 Capital employed ₦20,000 The return on capital employed is
- A. 25%Correct
- B. 20%
- C. 15%
- D. 5%
Explanation
Return on capital employed = (Profit/Total capital employed)×100% = (5,000/20,000)×100% = 25%.
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