Question: Between 2 0 1 7 and 2 0 2 1 , Blue Drinks, a multinational beverage corporation, increased its return on invested capital ( ROIC
Between and Blue Drinks, a multinational beverage corporation, increased its return on invested capital ROIC from $ million to $ million. The company was able to do this by expanding its product line to include a wider variety of flavors. The $ million increase in its ROIC between and can be referred to as which of the following?
a Profit growth
b Dividend payment
c Risk capital
d Profitability turnover
e Shareholder value
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