(The following information applies to all question in this quiz). Consider two companies, Stars and Stripes. Last year, Stars produced a NOPAT of $85 million with $500 million of invested capital, on which providers require a return of 12%. Stripes produced a NOPAT of $90 million with $900 million of invested capital, on which providers require a 15% return.

Last year, Stars return on capital was

a) 9%

b) 11%

c)17%

d) 15%

e)13%