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Herring Corporation has opetating income of $250,000 and a 25% tax rate. The firm las short-term debt of $101,000, . Long-term debt of $338,000, and

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Herring Corporation has opetating income of $250,000 and a 25% tax rate. The firm las short-term debt of $101,000, . Long-term debt of $338,000, and common equity of $439,000. What is its retum on invested capital? a.28.475 b. 34.721 c. 24.130 d. 4271K e. 2136%

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