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ABC Inc. has operating income of $295,000 and a 25% tax rate. The firm has short-term debt of $115,000, long-term debt of $337,000, and common

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ABC Inc. has operating income of $295,000 and a 25% tax rate. The firm has short-term debt of $115,000, long-term debt of $337,000, and common equity of 5452,000. What is its return on invested capital? Select one: a. 23.22% b. 25.72% C. 24.47% d. 26.57% e. 23.80% se for Koskine. Note that the form mus

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