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Assume you are evaluating a company with the following selected financial results ($ Millions): 2019 2018 Revenues 3,427.4 3,306.8 Operating Expenses 2,947.4 2,876.9 Restructuring Charges
Assume you are evaluating a company with the following selected financial results ($ Millions): | ||||||
2019 | 2018 | |||||
Revenues | 3,427.4 | 3,306.8 | ||||
Operating Expenses | 2,947.4 | 2,876.9 | ||||
Restructuring Charges | 166.4 | 29.8 | ||||
Earnings Before Pension (EBITDAP) | 313.6 | 400.1 | ||||
Pension Service Cost | 67.2 | 64.5 | ||||
Pension Interest Cost | 24.6 | 27.1 | ||||
EBITDA | 221.8 | 308.5 | ||||
D&A | 93.2 | 92.4 | ||||
EBIT | 128.6 | 216.1 | ||||
Interest Expense | 62.7 | 61.5 | ||||
Interest Income | 2.3 | 2.2 | ||||
Pretax Income | 68.2 | 156.8 | ||||
Taxes @ 21% | 14.3 | 32.9 | ||||
Net Income | 53.9 | 123.9 | ||||
Cash | 47.9 | 45.3 | ||||
Marketable Securities | 88.7 | 128.5 | ||||
PP&E | 1,332.7 | 1,256.4 | ||||
Goodwill | 264.6 | 264.6 | ||||
Acquired Intangibles | 43.1 | 48.8 | ||||
Accounts Payable | 558.3 | 536.4 | ||||
Pension Liability | 594.3 | 588.5 | ||||
Interest-Bearing Debt | 735.1 | 690.4 | ||||
Shareholders Equity | 876.8 | 822.9 | ||||
What is the company's ROIC (excluding Goodwill and Intangibles) for 2019? |
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