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QUESTION 9 A company's net income is $30,000, its interest expense is $2,000, and its tax rate is 25%. Its total invested capital is $350,000.

QUESTION 9 A company's net income is $30,000, its interest expense is $2,000, and its tax rate is 25%. Its total invested capital is $350,000. What is the firm's return on invested capital (ROIC)? 11.43% 13.00% 8.57% O 12.00% 9.00%

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