The profit rate of working capital refers to the ratio of the total profit realized by the fixed working capital occupation of an enterprise in a certain period of time. The profit rate of working capital reflects the economic effect of working capital utilization. The more profits a unit can realize from its fixed working capital, the better the utilization effect of its fixed working capital, and vice versa.
Earnings before interest and tax = 200× 20% = 400,000 yuan;
Interest payable = 200×1÷ (4+1)× 8% = 32,000 yuan;
Pre-tax profit = 400-320 = 368,000 yuan;
Payable enterprise income tax = 36.80× 33% =12.1.44 million yuan;
Self-owned funds (owner's equity) = 200× 4 ÷ (4+ 1) = 1.6 million yuan;
Net profit = 36.80-12.144-3.20 = 21.456 million yuan.
Profit rate of self-owned funds = net profit ÷ average owner's equity × 100%
=2 1.456÷ 160× 100%= 13.4 1%
Profit rate of working capital = total annual profit/average annual balance of working capital * 100%.