Question
Assume the following for XYZ Corp. Net income = $600 Net operating profit after tax (NOPAT) = $700 Total fixed assets = $2,000 Total assets
Assume the following for XYZ Corp.
Net income = $600
Net operating profit after tax (NOPAT) = $700
Total fixed assets = $2,000
Total assets = $3,500
Short term investments = $400
Stockholders' equity = $2,500
Debt = $$1,400 and
Total Net Operating Capital = $3,000.
What is XYZ's return on invested capital (ROIC)?
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Analysis For Financial Management
Authors: Robert C. Higgins
12th International Edition
1260091910, 9781260091915
