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Compute the Return on Capital Employed (ROCE) for Visa Inc. for the fiscal year ended December 31, 2023. The company's net operating profit after tax

Compute the Return on Capital Employed (ROCE) for Visa Inc. for the fiscal year ended December 31, 2023. The company's net operating profit after tax (NOPAT) was $12,000,000, and the average capital employed during the year was $100,000,000. Use the formula: ROCE = NOPAT / Average Capital Employed * 100%.

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