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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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