Calculate the Return on Invested Capital

 

Cash Receivables Inventory Total current assets Net fixed assets Total assets Sales Cost of goods sold: Materials Labor Heat, light, and power Indirect labor Depreciation Roberts Manufacturing Balance Sheet December 31, 2014 (Dollars in Thousands) $ 200 245 625 $1,070 1,200 $2,270 Accounts payable Accruals Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (40%) Net income (NI) Notes payable to bank Total current liabilities Long-term debt Common equity Total liabilities and equity Roberts Manufacturing Income Statement for Year Ended December 31, 2014 (Dollars in Thousands) $1,000 600 89 65 8 80 $ 205 115 425 $745 420 1,105 $2,270 $2,400 1,834 $566 175 216 $ 175 35 $140 56 $84