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Firm Xs net operating income after tax is 280m, of which $10 million is net income. Total capital is $9470 million, out of which $1397
Firm Xs net operating income after tax is 280m, of which $10 million is net income. Total capital is $9470 million, out of which $1397 million represents shareholders equity. Total Asset is $9470 million. Estimate the return on Capital (ROC), Return on Assets (ROA) and Return on Equity (ROE)
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