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Selected income statement and balance sheet data from Merck & Co. for Year 5 are reproduced below. Assume fixed assets and working capital are operating

Selected income statement and balance sheet data from Merck & Co. for Year 5 are reproduced below. Assume fixed assets and working capital are operating and a 50% tax rate.

Requirements

Calculate ROCE for year 5.
Calculate RNOA for year 5.
Calculate Leverage for year 5.
Calculate Spread for year 5.

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