The text defines _____ as the rate of return that the firm makes on its invested capital (ROIC).

Name: The text defines _____ as the rate of return that the firm makes on its invested capital (ROIC).
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Question

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Profitability can be measured in a number of ways,but for consistency,we shall define it as the rate of return that the firm makes on its invested capital (ROIC),which is calculated by dividing the net profits of the firm by total invested capital.

The Text Defines _____ as the Rate of Return That