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Selected information from KFC company is presented below: NOA turnover: 1.6 Total sales: $110,000 NOPAT margin: 6% Leverage ratio (average NFO/average common equity): 1.8 Spread:

Selected information from KFC company is presented below:

NOA turnover: 1.6

Total sales: $110,000

NOPAT margin: 6%

Leverage ratio (average NFO/average common equity): 1.8

Spread: 3.4%

Compute ROCE

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