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Return on Investment(ROI) vs. Return on Invested Capital (ROIC) vs. Return on Capital employed(ROCE). Please explain the differences between all these 3 ratios? Also which
Return on Investment(ROI) vs. Return on Invested Capital (ROIC) vs. Return on Capital employed(ROCE). Please explain the differences between all these 3 ratios? Also which of these is more popular/widely used indicator of profitability?
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