complete this ROIC table with this information.

ROIC:

ROIC (Return on Invested Capital) tree for Full Limo Inc.

Invested Capital:

Invested Capital = $800,000 (Capital invested in 4 luxury vans)

Operating Income:

Operating Income = (Revenue - Operating Costs)

Revenue = (Number of Rides * Fare per Ride)

Operating Costs = (Fuel Costs + Staff Costs)

Number of Rides:

Number of Rides = (Trips per Van Vans Days per Year)

Revenue per Ride:

Revenue per Ride = $10 (Fare per one-way ride)

Operating Costs:

Fuel Costs = (Fuel Price * Fuel Consumption)

Fuel Consumption = (Trips per Van Vans Distance per Trip / Fuel Economy)

Staff Costs = $1,000,000 (Annual staff and operating costs)

Return on Invested Capital (ROIC):

ROIC = (Operating Income / Invested Capital)

Trips per Van = 12 daily trips

Vans = 4 vans

Days per Year = 365 days

Distance per Trip = 22.5 miles (Philadelphia to KPM one way)

Calculations:

Number of Rides = 12 *4 *365 = 17,520 rides per year

Fuel Consumption = 12 *4 *22.5 / 20 = 270 miles per gallon

Fuel Costs = $2.63 * 270 = $710.10 per day

Staff Costs = $1,000,000 per year

Now, let's calculate the ROIC:

Revenue = 17,520 rides * $10 = $175,200

Operating Costs = ($710.10 * 365) + $1,000,000 = $1,259,265

Operating Income = $175,200 - $1,259,265 -$1,084,065

						# Vans
						# Seats
						Load Factor
				Revenue ($)
						Ticket Price ($/trip)
								Philly to KPM
						# Trips/Day
								KPM to Philly
		Return ($)
						Overhead Cost ($)
								Miles/Trip
ROIC (%)				Total Cost ($)
								Fuel Economy (MPG)
						Fuel Cost ($)
								Fuel Price ($/Gallon)
		Invested Capital ($)
								# Vans
								# Trips/Day