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12) Use the following information to calculate (1) ROE, (ii) ROA, and (ii) ROIC for the following companies. Which measure paints the truest picture of

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12) Use the following information to calculate (1) ROE, (ii) ROA, and (ii) ROIC for the following companies. Which measure paints the truest picture of the companies' performance and why? D/E EBIT Tax rate Interest rate Total Assets Company A 0 $1m 30% 5% $10m Company B Company C 0.5 3 $1m $1m 30% 30% 5% 5% $10m $10m

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