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...
-
Powell Company uses a job order costing system. During the month of May, Powell spent most of its time on job A50, which was started late in April. Following is cost information for job A50, other...
-
. Can you describe what's wrong with the below code? 1 testProc([1, 2, 3]) # Explicitly passing in a list 2 testProc() # Using a default empty list 3 4 def testProc(n = []): 5 # Do something with n 6...
-
The A-36 steel rod has a diameter of 50 mm and is lightly attached to the rigid supports at A and B when T 1 = 80C. If the temperature becomes T 2 = 20C and an axial force of P = 200 kN is applied to...
-
The Tesla 6 is a new custom- designed sports car. An analysis of the task of building the Tesla 6 reveals the following list of relevant activities, their immediate predecessors, and their duration:...
-
Golf Apparel has two classes of stock authorized: 5%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations:...
-
What challenges do health care facilities face in addressing ergonomic job design for nurses and nursing assistants? How can meeting these challenges benefit these facilities?
-
During the year 1982 Sally purchased not new, used, improved real property from her sister at a cost of 130,000 of which 100000 is attributable to the building and 30000 to land. Sally rented the...
-
When you identify potential audience objections to your ideasas part of planning a persuasive conversation or written messageshould you address those objections directly as part of your persuasive...
-
To be persuasive, business websites must present a company as credible. Assume you are starting a new business and you do not have any customer testimonials or past projects to present on your...
-
What is the main difference between a visual aid presentation and a stand-alone presentation?
-
Name one technique an organization might use if it routinely communicates similar bad-news messages.
-
What questions should you ask yourself to help you develop content for bad-news messages?
-
Your company has the following items on the income statement: Sales of $25,000; Income tax of $2,500; Operating expenses of $3,800; Cost of goods sold of $13,000; and Interest expense of $2,000. What...
-
QUESTION 9 HC-O-C-R R-C-O-CH HC-O-P-O-CH-CH-NH3* O || O a. Phosphatidic acid, Serine O b. Lysophosphatidic acid, Serine, Free FA O c. Lysophosphatidylserine, Free FA O d. 2 Free FAs, Serine, Glycerol...
-
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)...
-
Two European call options with a strike price of \($50\) are written on two different stocks. Suppose that tomorrow, the low-volatility stock will have a price of \($50\) for certain. The...
-
Which feature best describes a PERT chart? a. It creates a time line of production tasks. b. It creates a work flow for production equipment. c. It identifies the critical path of tasks in a project....
-
\(50 \mathrm{~m}^{3}\) of air at \(18^{\circ} \mathrm{C}\) DBT and \(12^{\circ} \mathrm{C}\) WBT are mixed with \(20 \mathrm{~m}^{3}\) of dry air at \(32^{\circ} \mathrm{C}\) DBT and \(24^{\circ}...
Study smarter with the SolutionInn App