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Why do many authorities view return on invested capital ( ROIC ) as the best measure of profitability? It focuses on shareholders' equity. It focuses
Why do many authorities view return on invested capital ROIC as the best measure of profitability?
It focuses on shareholders' equity.
It focuses on invested capital without including interestbearing debt.
It focuses on the true operating performance of the company.
It focuses on the level of sales compared to fixed capital.
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