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Compute the Return on Invested Capital (ROIC) for Alphabet Inc. for the fiscal year ended December 31, 2023. The company's net income was $10,000,000, and

Compute the Return on Invested Capital (ROIC) for Alphabet Inc. for the fiscal year ended December 31, 2023. The company's net income was $10,000,000, and the average invested capital for the year was $50,000,000. Use the formula: ROIC = Net Income / Average Invested Capital * 100%.

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