单选题
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?
【正确答案】
B
【答案解析】ROCE can be calculated by multiplying the operating profit margin and the asset turnover.
28% x 65% = 18·2%