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From Chapter 3 ( business valuation demystified), discuss ROIC what and how to calculate, what does it mean. And ROIC versus ROE from Chapter 3

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From Chapter 3 ( business valuation demystified), discuss ROIC what and how to calculate, what does it mean. And ROIC versus ROE from Chapter 3 in the same book [DEPENDING ON THE EDITION YOU HAVE, THE FORMULA ON BOTTOM OF PAGE UNDER SECTION OF RETURN ON INVESTED CAPITAL, SHOLZD BE ROIC ( and not ROE) = OPER INCOME X (1-TAX RATEO/(DEBT + EQUITY, Explain the concepts and provide examples

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