Answer in Excel: Using the income statement and balance sheet examples provided in the chapter, calculate the return on capital in 2013.

• ROC = operating margin x asset turnover
• ROC = (total operating revenue - operating expensestotal operating revenue) x (total revenuestotal assets)
• ROC = (1,930,620,200-830,220,2001,930,620,200) x (1,953,821,2002,800)
• ROC = .56 x 697,793.286
• ROC = 390,764.24