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Redwood Meat Co has operating income of $26158 and a 21% tax rate. The firm has short-term debt of $8741, long-term debt of $45563, cash
Redwood Meat Co has operating income of $26158 and a 21% tax rate. The firm has short-term debt of $8741, long-term debt of $45563, cash and cash equivalents of $6227, and owner's equity of $36331. What is its return on invested capital? O 44.06% O 18.36% 0 36.72% O 24.48% O 13.46%
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