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Which of the following statements about ROIC is true? It measures a firm's profitability relative to its equity investment. It measures a firm's profitability relative
Which of the following statements about ROIC is true? It measures a firm's profitability relative to its equity investment. It measures a firm's profitability relative to its sales It indicates how much firm's profits contribute to its ROE It measures the effectiveness of the utilization of a firm's capital. Which of the following is NOT used to calculate operating profit? Taxes Cost of goods sold Sales Operating expenses
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