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Company XYZ has the following financial information for the fiscal year ended December 3 1 , 2 0 2 3 : NOPAT ( Net Operating
Company XYZ has the following financial information for the fiscal year ended December :
NOPAT Net Operating Profit After Tax: $
Average Total Assets: $
Average Current Liabilities: $
Average NonInterestBearing Current Liabilities: $
Average Equity: $
Calculate the Return on Invested Capital ROIC for Company XYZ This problem requires you to interpret the balance sheet items listed. You are looking for total long term capital for the return on invested capital. Also note that in this equation, you should use as NOPAT as the numerator, not net income. If you conduct and internet search, you will probably see net income as the numerator in the ROIC calculation.
Enter the answer as a percentage but with no sign. For example, enter for or for
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