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Business, 16.11.2019 04:31 corbinwilliams

Tibbs inc. had the following data for the year ending 12/31/18: net income = $600; net operating profit after taxes (nopat) = $610; total assets = $2,500; short-term investments = $200; stockholders' equity = $1,800; total debt = $700; and total operating capital = $2,500. what was its return on invested capital (roic)?

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