Question
General Electronics Inc.had the following data for the year ending12/31/2016: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
General Electronics Inc.had the following data for the year ending12/31/2016: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)inpercent?
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
