Analyze the ROIC of both firms over the five-year period. Currency EBIT Tax Rate NOPAT Invested capital
Fantastic news! We've Found the answer you've been seeking!
Question:
Analyze the ROIC of both firms over the five-year period.
Transcribed Image Text:
Currency EBIT Tax Rate NOPAT Invested capital ROIC EBIT Tax Rate NOPAT Invested capital ROIC Alibaba ROIC 12 months Mar-31-2015 CNY 23,310.0 27.52% 16,894.00 104460.00 16.17% JD ROIC 12 months Mar-31-2015 CNY (5,802.4) -0.33% (5,821.72) 11,063.71 (52.62%) 12 months Mar-31-2016 CNY 29,557.0 28.59% 21,108.00 213640.00 9.88% 12 months Mar-31-2016 CNY (2,607.8) 0.56% (2,593.20) 20,995.84 (12.35%) 12 months Mar-31-2017 CNY 48,912.0 28.16% 35,136.00 303819.00 11.56% 12 months Mar-31-2017 CNY (1,251.7) -13.29% (1,418.09) 74,695.09 (1.90%) 12 months Mar-31-2018 CNY 70,609.0 25.77% 52,410.00 418627.00 12.52% 12 months Mar-31-2018 CNY (835.5) -16.71% (975.09) 55,076.17 (1.77%) 12 months Mar-31-2019 CNY 61,606.0 26.87% 45,053.00 647164.00 6.96% 12 months Mar-31-2019 CNY (2,596.8) -16.44% (3,023.67) 71,156.37 (4.25%) Currency EBIT Tax Rate NOPAT Invested capital ROIC EBIT Tax Rate NOPAT Invested capital ROIC Alibaba ROIC 12 months Mar-31-2015 CNY 23,310.0 27.52% 16,894.00 104460.00 16.17% JD ROIC 12 months Mar-31-2015 CNY (5,802.4) -0.33% (5,821.72) 11,063.71 (52.62%) 12 months Mar-31-2016 CNY 29,557.0 28.59% 21,108.00 213640.00 9.88% 12 months Mar-31-2016 CNY (2,607.8) 0.56% (2,593.20) 20,995.84 (12.35%) 12 months Mar-31-2017 CNY 48,912.0 28.16% 35,136.00 303819.00 11.56% 12 months Mar-31-2017 CNY (1,251.7) -13.29% (1,418.09) 74,695.09 (1.90%) 12 months Mar-31-2018 CNY 70,609.0 25.77% 52,410.00 418627.00 12.52% 12 months Mar-31-2018 CNY (835.5) -16.71% (975.09) 55,076.17 (1.77%) 12 months Mar-31-2019 CNY 61,606.0 26.87% 45,053.00 647164.00 6.96% 12 months Mar-31-2019 CNY (2,596.8) -16.44% (3,023.67) 71,156.37 (4.25%)
Expert Answer:
Answer rating: 100% (QA)
To analyze the ROIC of both firms over the fiveyear period we need to calculate the ROIC for each ye... View the full answer
Related Book For
Fundamentals of Financial Management
ISBN: 978-1285867977
14th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
Students also viewed these finance questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Use the attached "words.txt" file to store the words along with their ranks in an AVL tree. Then provide the user the option to search for any word. If the word exists the program displays the rank...
-
Adventure Rafting runs rafts on the Colorado River. It has eight rafts in its inventory. The demand for rafts during the busy months of June and July has been either 4, 5, 6, 7 or 8, with...
-
Which statements about try-with-resources are true? (Choose two.) A. Any resource used must implement Closeable. B. If more than one resource is used, then the order in which they are closed is the...
-
(a) For a 1080 steel that has been water quenched, estimate the tempering time at 425C (800F) to achieve a hardness of 50 HRC. (b) What will be the tempering time at 315C (600F) necessary to attain...
-
Compare and contrast server-based architectures, client-based architectures, and clientserver-based architectures.
-
What does the times-interest-earned ratio indicate and how is it calculated?
-
How much do you have to deposit today so that beginning 11 years from now you can withdraw $10,000 a year for the next five years (Periods 11 through 15) plus an additional amount of $20,000 in the...
-
Answer all questions written below: 1. What is warehouse? 2. Difference between warehouse and warehousing? 3. What is Food Warehousing? 4. Types of warehouse? 5. Discuss on how Food Supply Chain...
-
1. A saturated sample of soil weighed 138.89g before drying and 112.89 after drying.If the dimensions of the sample were 35mm diameter and 70mm long, calculate: 2. The voids ratio to 3 decimal...
-
find the order of differential equation of the given curve . Given: Equation of curve is, Dx+E y= A cos x + B sinx + Ce +F
-
Analyze the different conflict management styles used by employees. Include where each style might be appropriate through actual work examples.
-
Do research to identify the embedded operating systems used in BMW, Chevrolet, Chrysler, Ford, Honda, Mercedes Benz, Nissan, and Toyota automobiles. Use your creativity with this work. You are...
-
However, the skilled-based approach has potential challenges to use new skills effectively. Can you share more around that? I feel that both plans have benefits, but it depends on the organization,...
-
A small elevator weighing 1.2 x 103 N is accelerating upward. The tension in the cable is 2.0 x 103 N and the frictional resistance to the motion is 5.0 x 102 What is the net force acting on the...
-
The homogeneous rectangular block of mass m, width b, and height H is placed on a horizontal surface and subjected to a horizontal force P, as shown in the following figure. The coefficient of...
-
A particle is moving along the curve y = 32x+5. As the particle passes through the point (2,9), its x-coordinate increases at a rate of 5 units per second. Find the rate of change of the distance...
-
You are a U.S. investor who purchased British securities for 2,000 one year ago when the British pound cost U.S. $1.50. What is your total return (based on U.S. dollars) if the value of the...
-
Differentiate between ROE and ROIC.
-
If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?
-
The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Income Statement for Year Ending December 31, 2015 (Millions of Dollars)...
-
Sometimes total spending is excessive, and _________ occurs.
-
Sometimes total spending is insufficient, and _________ occurs.
-
In the case of market _________, appropriate government policies could improve on market outcomes.
Study smarter with the SolutionInn App