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Mamala Berhad has the following information for the current year: Net income = RM900; Net operating profit after taxes (NOPAT) = RM600; Total assets =
- Mamala Berhad has the following information for the current year:
- Net income = RM900;
- Net operating profit after taxes (NOPAT) = RM600;
- Total assets = RM2,500;
- Short-term investments = RM500;
- Stockholders equity = RM2,200;
- Debt = RM900; and
- Total net operating capital = RM2,000.
- What is the return on invested capital (ROIC) for the current year?
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To calculate the return on invested capital ROIC we use the following formula ROIC NOPATTota...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
