2. ValueCo generates $10 million in after-tax operating profit on $100 million in operating assets. The company
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2. ValueCo generates $10 million in after-tax operating profit on $100 million in operating assets. The company has $20 million in accounts payable, $15 million in product warranty reserves, $5 million in severance reserves, $30 million in long-term debt, and $30 million in equity. What is ValueCo’s return on invested capital (ROIC)?
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Related Book For 
Valuation Measuring And Managing The Value Of Companies University Edition
ISBN: 978-1118873731
6th Edition
Authors: Mckinsey & Company Inc. ,Tim Koller ,Marc Goedhart ,David Wessels
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