Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets 12,000 4,000 11,000 45,000 72,000 Liabilities and Equity Accounts payable 18,000 Notes payable 8,000 Current liabilities 26,000 Long-term debt 80,000 Total liabilities 106,000 Paid-in capital 30,000 Retained earnings 38,000 Equity 68,000 Total liab. & equity 174,000 Machines Real estate 42,000 60,000 102,000 174,000 fixed assets Total assets Line item Value Sales 770,000 Operating expenses 631,400 Depreciation 25,000 EBIT 113,600 Interest 8,000 Taxable income 105,600 Taxes (33%) 34.848 Net Income 70.752 Part 1 Attempt 1/3 for 1 pts. What is ROIC? 2+ decimals Submit