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Last year KRJ Enterprises reported average short-term debt of $228, average current portion of long- term debt of $126, average long-term debt of $567, and
Last year KRJ Enterprises reported average short-term debt of $228, average current portion of long- term debt of $126, average long-term debt of $567, and average total stockholders' equity of $1,809. It also reported operating earnings (EBIT) of $1,159 and an effective tax rate of 2296. What was the company's return on invested capital for the year? Present your answer in percentage terms, rounded to two decimal places, e.g. 20.00%. In its most recent annual report Leggett & Platt reported (in $ millions) sales of $8,975 and cost of goods sold of $4,765. It also reported inventory of $404 at the beginning of the year and inventory of 5462 at the end of the year. Calculate the inventory turnover ratio. Present your answer to one decimal place. e.g. 20.0. At the beginning of the year KRJ Enterprises reported total short-term debt of $265, total long-term debt of $567, and total stockholders' equity of $794. At the end of the year it reported total short-term debt of $235, total long-term debt of $545, and total stockholders' equity of $764. What was the average amount of invested capital for the year
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