Question

A company has the following details: • Net Profit: ₹12 lakh • Equity: ₹60 lakh • Debt: ₹40 lakh • Interest: ₹4 lakh • EBIT: ₹16 lakh Which of the following is correct?

A ROE = 20%; ROCE = 16%
B ROE = 15%; ROCE = 12%
C ROE = 20%; ROCE = 13.3%
D ROE = 16%; ROCE = 10%
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