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e. $26.750 7. Tibbs Inc. had the following data for the most recent year: Net income = $300: Net operating profit after taxes (NOPAT) =
e. $26.750 7. Tibbs Inc. had the following data for the most recent year: Net income = $300: Net operating profit after taxes (NOPAT) = $400: Total assets = $2.500: Short-term investments = $200: Stockholders' equity = $1,800: Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)? a. 14.91% b. 15.70% c. 16.52% d. 17.39% e. 18.26% its net cash provided (used)
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