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EBIT Rs 1,20,000; total assets Rs 10,00,000; current liabilities Rs 2,00,000. ROCE?

A15%
B12%
C10%
D20%
Answer & Solution
Correct answer: A. 15%
Capital employed is 10,00,000 - 2,00,000 = 8,00,000, so ROCE = 1,20,000 / 8,00,000 = 15 percent.
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