Question
A company has sales of $200 million, NOPAT of $15 million, net income of $12 million, net operating working capital (NOWC) of $10 million, total
A company has sales of $200 million, NOPAT of $15 million, net income of $12 million, net operating working capital (NOWC) of $10 million, total net operating capital of $100 million, and total assets of $110 million.
What is its operating profitability (OP) ratio? What is its return on invested capital (ROIC) ratio?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
