Wayside Corporation has an EBIT of $2 million, 40% debt in their capital structure, and has total capital of $10 million. If they are in the 35% tax bracket, what is their return on capital employed (ROCE)?
A)20.0%
B)13.0%
C)40.0%
D)21.67%

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The Answer of Wayside Corporation has an EBIT of $2 million, 40% debt in their capital structure, and has total capital of $10 million. If they are in the 35% tax bracket, what is their return on capital employed (ROCE)?
A)20.0%
B)13.0%
C)40.0%
D)21.67%

Wayside Corporation Has an EBIT of $2 Million, 40% Debt