Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if a company has an operating profit of $87 millio

If a company has an operating profit of $87 million, a tax rate of 35%,...

90.2K

Verified Solution

Question

Accounting

If a company has an operating profit of $87 million, a tax rate of 35%, a net working capital of $129 million, and fixed assets of $285 million. Calculate the company's return on investment capital. Then describe three methods a firm can increase its ROIC.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1.Chlorpyrifos insecticide exposure in the general population is often measured directly. The methodology for measuring exposure specifically...

Biology
Q

Imagine that you have a particular genetic trait and that you have four children. Two of...

Biology
Q

Please answer with a fully detailed solution with examples. In Java, write a method to determine...

Programming
Q

The figures show a hypothetical planetary system at two different times. The system has a star...

Physics
Q

Which of the following is NOT a step of the cell cycle?A. growthC. translationB. divisionD....

Biology
Q

Are humans likely affected by biomagnification If so which foods might be dangerous

Biology
Q

A sector of a circle has a central angle of 120. Find the area of...

Basic Math
Q

Here are boxplots of the points scored during the first 10 games of the season...

Statistics
Q

E22-5 Dave's Steel Parts produces parts for the automobile industry. The company has monthly fixed...

Accounting
Q

Imari Brown arrived at the following tax information: What amount would Imari report as taxable...

Accounting
Q

MARIGOLD LTD. Post-Closing Trial Balance December 31, 2023 \begin{tabular}{lcc} \hline Cash & Debit & Credit...

Accounting
Q

Elements of a management control system include: A) delegated decision authority B) performance evaluation and...

Accounting