A firm's after-tax operating income was $1,000,000 in 2010. It started the year with a total capitalization

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A firm's after-tax operating income was $1,000,000 in 2010. It started the year with a total capitalization of $8,000,000 and ended 2010 with a total capitalization of $9,000,000. What is the firm's return on capital in 2010?

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Feb 22, 2024 06:21 AM

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A firm's after-tax operating income was $1,000,000 in 2010. It started the year with a total capitalization

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Basic Finance An Introduction to Financial Institutions Investments and Management

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