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Calculate ROIC based on the following information: WACC=4.33%; Total Assets =$3,333; Net Income =$200; NOPLAT =$233; Payroll Payable =$200; Total Equity =$5,000; Tax Rate =23%;

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Calculate ROIC based on the following information: WACC=4.33%; Total Assets =$3,333; Net Income =$200; NOPLAT =$233; Payroll Payable =$200; Total Equity =$5,000; Tax Rate =23%; Cash =$333; Accounts Payable =$800; Bank Debt with interest rate of 4%=$90. (Hint: Accounts Payable and Payroll Payable are the only non-interest bearing liabilities). 11.65% 10.00% 8.74% 5.83% 9.0% 7.77% 7.50% 8.50% 8.00% 11.00% 4.66% 7.32%

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