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Business, 25.02.2020 19:36 tishfaco5000

The return on invested capital (ROIC) differs from the return on assets (ROA). First, ROIC is based on total invested capital rather than total assets. Second, the numerator of the ROIC is after-tax operating income rather than net income. True or false?

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The return on invested capital (ROIC) differs from the return on assets (ROA). First, ROIC is based...
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