1. 

   nluashok Member

   Hi,
   
   I think Tax rate is not given in question. Can you guide how "Return on Capital" is calculated please...?
   
   Regards,
   Ashok

    

   nluashok, Aug 22, 2015

   #1
2. 

   Darren Michaels ActEd Tutor Staff Member

   In this question you can ignore tax.
   
   The return on capital is total profit divided by free assets (=shareholders funds) at the start of the year.

    

   Darren Michaels, Aug 23, 2015

   #2

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