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(CO 10) Jack Slater is the sole shareholder of an S corporation. During 2018, Jack received a distribution of $20,000. His ba
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Answer #1

Return on capital employed = Operating profit ÷ Capital employed

= (12,000 ÷ 7,000)*100

i.e in % = 171.428571

In Amount = 171.428571% * 7,000

(Answer) = 12,000/-

  

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