Question $20$

In the last five years, Blue Drinks, a multinational beverage corporation, increased its return on invested capital $($ROIC$)$ from $$5$ million to $$25$ million. The company was able to do this by expanding its product line to include a wider variety of flavors. The $$20$ million increase in its ROIC over this period can be referred to as which of the following?

a$.$

Dividend payment

b$.$

Profitability turnover

c$.$

Profit growth

d$.$

Risk capital

e$.$

Shareholder value