Suppose that a company is established in the beginning of the year 2020. As of...

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Accounting

Suppose that a company is established in the beginning of the year 2020. As of the 2020 year end, you have the following data: (a) Current ratio = 1.2; (b) Equity multiplier = 4; (c) Fixed assets/Invested capital = 0,4; (d) Total liabilities = 3.000 TL. You have also the following additional data for the year 2020: (a) Revenue = 10.000 TL; (b) Gross profit margin = 50%; (c) OpEx = 4.000 TL; (d) Depreciation expense = 100 TL; (e) Interest expense = 300 TL; (f) Income tax = 20%; (g) price per share = 2 TL. What is ROIC? a. 0.27 b. 0.56 c. 1.00 d. 0.80

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