Question
I am confused how to calculate the following using these numbers. I know that ROIC = NOPAT/Invested Capital but I am confused how to get
I am confused how to calculate the following using these numbers. I know that ROIC = NOPAT/Invested Capital but I am confused how to get the NOPAT and Invested capital from this problem
the following numbers were calculated from the financial statements for a firm in 2019
EBIT/Sales 10%
Effective tax rate 40%
Sales/Invested Capital 2.0
What is the firm's ROIC for 2019
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
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