Question
General Electronics Inc. had the following data for the year ending 12/31/2016: Net income = $300; Net operating profit after taxes (NOPAT) = $399; Total
General Electronics Inc. had the following data for the year ending 12/31/2016: Net income = $300; Net operating profit after taxes (NOPAT) = $399; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,393. What was its return on invested capital (ROIC) in percent?
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
