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What current liabilities then the roce of the company will

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Reference no: EM132752760

Mr. Ali is a financial analyst working at a well reputed UAE company in Dubai; in order to measure the efficiency of the management and the utilization of the capital of the company at the end of the year by ROCE; he has the following financial information;

OMR 1,600,000 sales,

OMR 890,700 COGS,

OMR 496,000 operating expenses,

OMR 440,800 Total Assets,

OMR 217,400 Equity and OMR 167,000

Problem 1: Current Liabilities then the ROCE of the company will be:

a. 77.90 %

b. 98.11 %

c. 88.91 %

d. 69.68 %

Reference no: EM132752760

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